(NASDAQ:SOHU) Issues Q2 2020 Pre-Market Earnings Guidance (NASDAQ:SOHU) updated its second quarter 2020
Pre-Market earnings guidance on Monday. The company provided earnings per share guidance of -0.13-0.13 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $-0.13. The company issued revenue guidance of $410-445 million, compared to the consensus revenue estimate of $502.14 million.

Several equities research analysts have recently commented on the company. BidaskClub raised from a strong sell rating to a sell rating in a research note on Saturday, April 18th. ValuEngine raised from a hold rating to a buy rating in a research note on Thursday, April 2nd. Finally, Citigroup raised from a neutral rating to a buy rating and set a $10.00 target price on the stock in a research note on Thursday, April 16th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus target price of $11.77.

Shares of stock opened at $7.98 on Monday. The company has a fifty day moving average price of $7.25 and a 200 day moving average price of $9.66. has a twelve month low of $5.41 and a twelve month high of $18.50. The stock has a market cap of $313.05 million, a price-to-earnings ratio of -2.08 and a beta of 1.93. (NASDAQ:SOHU) last announced its quarterly earnings results on Monday, March 9th. The information services provider reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.38) by $0.55. had a negative net margin of 7.95% and a negative return on equity of 10.86%. The firm had revenue of $489.60 million during the quarter, compared to analysts’ expectations of $465.86 million. During the same period in the prior year, the company earned ($1.50) EPS. The firm’s revenue was up 1.5% on a year-over-year basis. On average, analysts predict that will post -2.29 earnings per share for the current year. Company Profile Limited provides online media, search, and game services on personal computers (PCs) and mobile devices in the People's Republic of China. The company provides online news and information through a mobile phone application, Sohu News APP; for PCs; and mobile portal, as well as online video content and service through for PCs, as well as Sohu Video APP mobile phone application.

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