Sohu.com (SOHU) to Release Quarterly Earnings on Monday

Sohu.com (NASDAQ:SOHU – Get Rating) is scheduled to issue its quarterly earnings data before the market opens on Monday, August 8th. Analysts expect the company to announce earnings of ($0.33) per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Sohu.com (NASDAQ:SOHU – Get Rating) last posted its quarterly earnings results on Monday, May 16th. The information services provider reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.31) by $0.38. Sohu.com had a net margin of 109.21% and a return on equity of 4.27%. The company had revenue of $193.42 million for the quarter, compared to analyst estimates of $172.91 million. On average, analysts expect Sohu.com to post $-2 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Sohu.com Stock Up 0.2 %

NASDAQ SOHU opened at $16.70 on Friday. The company’s 50 day moving average is $15.75 and its 200-day moving average is $16.34. Sohu.com has a 12-month low of $12.87 and a 12-month high of $24.50. The firm has a market cap of $638.29 million, a P/E ratio of 0.75 and a beta of 1.47.

Institutional Trading of Sohu.com

Several hedge funds and other institutional investors have recently modified their holdings of SOHU. American Century Companies Inc. raised its position in shares of Sohu.com by 16.3% in the first quarter. American Century Companies Inc. now owns 12,428 shares of the information services provider’s stock valued at $209,000 after purchasing an additional 1,740 shares during the period. Envestnet Asset Management Inc. bought a new stake in Sohu.com during the 2nd quarter worth approximately $339,000. Invesco Ltd. increased its holdings in Sohu.com by 58.3% during the 1st quarter. Invesco Ltd. now owns 49,864 shares of the information services provider’s stock worth $839,000 after acquiring an additional 18,365 shares during the period. Citigroup Inc. increased its holdings in Sohu.com by 273.6% during the 1st quarter. Citigroup Inc. now owns 69,664 shares of the information services provider’s stock worth $1,172,000 after acquiring an additional 51,015 shares during the period. Finally, Bank of America Corp DE increased its holdings in Sohu.com by 16.0% during the 1st quarter. Bank of America Corp DE now owns 77,139 shares of the information services provider’s stock worth $1,297,000 after acquiring an additional 10,618 shares during the period. Institutional investors own 37.94% of the company’s stock.

Sohu.com Company Profile

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Sohu.com Limited provides online media, video, and game products and services on PCs and mobile devices in China. The company offers online news, information, and content services through the mobile phone application Sohu News APP, mobile portal m.sohu.com, and www.sohu.com for PCs; and online video content and services through mobile phone application Sohu Video APP and tv.sohu.com, and ifox, a PC video application.