E-House (China) Holdings
The 10-second takeaway
For the quarter ended Sep. 30 (Q3), E-House (China) Holdings missed estimates on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue increased significantly and GAAP loss per share dropped.
Margins grew across the board.
E-House (China) Holdings logged revenue of $136.6 million. The four analysts polled by S&P Capital IQ anticipated sales of $144.2 million on the same basis. GAAP reported sales were 25% higher than the prior-year quarter's $109.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at -$0.07. The two earnings estimates compiled by S&P Capital IQ predicted $0.06 per share. GAAP EPS were -$0.18 for Q3 against -$2.97 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 59.5%, 200 basis points better than the prior-year quarter. Operating margin was 4.3%, 1,030 basis points better than the prior-year quarter. Net margin was -15.8%, 19,950 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $169.7 million. On the bottom line, the average EPS estimate is $0.22.
Next year's average estimate for revenue is $482.1 million. The average EPS estimate is $0.24.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 568 members out of 605 rating the stock outperform, and 37 members rating it underperform. Among 100 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 83 give E-House (China) Holdings a green thumbs-up, and 17 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on E-House (China) Holdings is outperform, with an average price target of $7.38.
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