Qihoo 360 Technology Co (QIHU) to Release Earnings on Monday
Qihoo 360 Technology Co (NASDAQ:QIHU) is scheduled to post its Q214 quarterly earnings results on Monday, August 25th. Analysts expect Qihoo 360 Technology Co to post earnings of $0.47 per share and revenue of $308.44 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.
Qihoo 360 Technology Co (NASDAQ:QIHU) last released its earnings data on Tuesday, May 27th. The company reported $0.54 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.20. The company had revenue of $265.10 million for the quarter, compared to the consensus estimate of $228.20 million. During the same quarter last year, the company posted $0.14 earnings per share. Qihoo 360 Technology Co’s revenue was up 141.3% compared to the same quarter last year. On average, analysts expect Qihoo 360 Technology Co to post $2.48 EPS for the current fiscal year and $3.97 EPS for the next fiscal year.
Qihoo 360 Technology Co (NASDAQ:QIHU) opened at 101.63 on Friday. Qihoo 360 Technology Co has a 52 week low of $72.20 and a 52 week high of $124.42. The stock has a 50-day moving average of $94.53 and a 200-day moving average of $94.86. The company has a market cap of $12.467 billion and a P/E ratio of 92.13.
QIHU has been the subject of a number of recent research reports. Analysts at Credit Agricole initiated coverage on shares of Qihoo 360 Technology Co in a research note on Wednesday, August 13th. They set a “buy” rating on the stock. On a related note, analysts at Zacks downgraded shares of Qihoo 360 Technology Co from an “outperform” rating to a “neutral” rating in a research note on Tuesday, July 29th. They now have a $105.30 price target on the stock. Finally, analysts at STANDARD CHARTERED.5 upgraded shares of Qihoo 360 Technology Co from an “underperform” rating to an “outperform” rating in a research note on Thursday, May 29th. They now have a $104.00 price target on the stock, up previously from $80.00. Three equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $113.02.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.