Sohu.com Inc. (SOHU - Free Report) reported first-quarter 2019 non-GAAP loss of $1.39 per share, which was much narrower than the year-ago quarter’s loss of $2.50 per share. The figure also came within the guided range of loss of $1.30 and $1.55.
The narrower year-over-year loss can be attributed to the positive impact of the company’s cost-saving efforts.
The Zacks Consensus Estimate was pegged at a loss of $1.51.
Sohu’s revenues of $431.4 million were down 5.2% year over year but exceeded the guided range of $390–$415 million on strong performance of its search and game businesses.
Sohu.com Inc. Price, Consensus and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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Sohu.com Inc. (SOHU - Free Report) reported first-quarter 2019 non-GAAP loss of $1.39 per share, which was much narrower than the year-ago quarter’s loss of $2.50 per share. The figure also came within the guided range of loss of $1.30 and $1.55.
The narrower year-over-year loss can be attributed to the positive impact of the company’s cost-saving efforts.
The Zacks Consensus Estimate was pegged at a loss of $1.51.
Sohu’s revenues of $431.4 million were down 5.2% year over year but exceeded the guided range of $390–$415 million on strong performance of its search and game businesses.
Sohu.com Inc. Price, Consensus and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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