Qihoo 360 Technology Co (QIHU) to Release Earnings on Tuesday
Qihoo 360 Technology Co (NASDAQ:QIHU) will post its Q114 quarterly earnings results on Tuesday, May 27th. Analysts expect Qihoo 360 Technology Co to post earnings of $0.34 per share and revenue of $228.20 million for the quarter. Individual that wish to listen to the company’s earnings conference call can do so using this link.
Qihoo 360 Technology Co (NASDAQ:QIHU) last released its earnings data on Thursday, March 6th. The company reported $0.70 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.43 by $0.27. The company had revenue of $221.60 million for the quarter, compared to the consensus estimate of $209.73 million. During the same quarter last year, the company posted $0.22 earnings per share. Qihoo 360 Technology Co’s revenue was up 115.3% compared to the same quarter last year. On average, analysts expect Qihoo 360 Technology Co to post $2.49 EPS for the current fiscal year and $3.88 EPS for the next fiscal year.
Qihoo 360 Technology Co (NASDAQ:QIHU) opened at 89.08 on Monday. Qihoo 360 Technology Co has a 1-year low of $40.05 and a 1-year high of $124.42. The stock has a 50-day moving average of $86.45 and a 200-day moving average of $91.41. The company has a market cap of $11.218 billion and a price-to-earnings ratio of 112.88.
A number of research firms have recently commented on QIHU. Analysts at Matrix Group cut their price target on shares of Qihoo 360 Technology Co from $130.00 to $100.00 in a research note on Wednesday, May 14th. On a related note, analysts at Maxim Group cut their price target on shares of Qihoo 360 Technology Co from $130.00 to $100.00 in a research note on Tuesday, May 13th. They now have a “buy” rating on the stock. Finally, analysts at BNP Paribas upgraded shares of Qihoo 360 Technology Co from a “hold” rating to a “buy” rating in a research note on Monday, May 12th. They now have a $100.00 price target on the stock. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $108.70.
Qihoo 360 Technology Co Ltd (NASDAQ:QIHU), formerly Qihoo Technology Company Limited, is engaged in the operations of Internet services and sales of third party anti-virus software in the People’s Republic of China.
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