Phoenix New Media (FENG) Set to Announce Earnings on Monday

Phoenix New Media (NYSE:FENG – Get Rating) is scheduled to be announcing its earnings results after the market closes on Monday, May 9th. Phoenix New Media has set its Q1 2022 guidance at EPS.

Phoenix New Media (NYSE:FENG – Get Rating) last released its earnings results on Monday, March 14th. The information services provider reported ($0.08) EPS for the quarter. Phoenix New Media had a negative return on equity of 13.61% and a negative net margin of 19.97%. The firm had revenue of $47.53 million for the quarter.

NYSE FENG opened at $0.53 on Friday. Phoenix New Media has a 12 month low of $0.44 and a 12 month high of $1.86. The stock has a market cap of $38.83 million, a price-to-earnings ratio of -1.19 and a beta of 1.82. The company’s 50 day moving average is $0.59 and its two-hundred day moving average is $0.85. The company has a current ratio of 2.15, a quick ratio of 2.15 and a debt-to-equity ratio of 0.02.

Institutional investors and hedge funds have recently made changes to their positions in the business. Morgan Stanley grew its holdings in Phoenix New Media by 34.6% during the 2nd quarter. Morgan Stanley now owns 1,088,169 shares of the information services provider’s stock valued at $1,687,000 after buying an additional 279,575 shares in the last quarter. Renaissance Technologies LLC grew its holdings in Phoenix New Media by 2.9% during the 4th quarter. Renaissance Technologies LLC now owns 465,737 shares of the information services provider’s stock valued at $401,000 after buying an additional 13,342 shares in the last quarter. Finally, Virtu Financial LLC purchased a new position in shares of Phoenix New Media in the fourth quarter valued at $61,000. 10.24% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts have issued reports on FENG shares. StockNews.com started coverage on shares of Phoenix New Media in a report on Thursday. They set a “buy” rating for the company. TheStreet lowered shares of Phoenix New Media from a “c-” rating to a “d+” rating in a report on Friday, April 22nd.

Phoenix New Media Company Profile (Get Rating)

Phoenix New Media Limited provides content on an integrated Internet platform in the People's Republic of China. The company operates in two segments, Net Advertising Services and Paid Services. It offers content and services through three channels, including PC channel, mobile channel, and telecom operators, as well as transmits content to TV viewers, primarily through Phoenix TV.

Featured Articles