SouFun Q4 Beats Estimates (SFUN)

SouFun Q4 Beats Estimates

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

Click Here Now

China-based real estate portal SouFun (NYSE: SFUN ) has beaten what the market expected in its Q4 and 2012 results. For the quarter, the company took in $148 million in revenue, which was just under 30% higher than the same period the previous year. Non-GAAP net income grew 66% to $65 million ($0.79 per diluted share). Both results handily beat the average analyst expectations of $138 million on the top line and $0.62 in EPS.

For fiscal 2012, revenue advanced 25% on a year-over-year basis to $430 million. Net income grew by 41% to $174 million ($2.13 diluted EPS).

Looking forward, SouFun said that it expects fiscal 2013 revenue to come in at approximately $520 million. The company did not provide any profit forecasts.

Jeff Fischer and team have demystified options. And they can rack up income like $1,030... $2,626... and $3,228 on a schedule you can set your watch by!
That's why we're glad to announce every single one of their closely guarded strategies is available to YOU during May and June – 100% FREE, no strings attached! Just enter your email address in the box below...

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment icon found on every comment.