Investing.com - Autohome ADR reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Autohome ADR announced earnings per share of 6.89 on revenue of 2.31B. Analysts polled by Investing.com anticipated EPS of 6.92 on revenue of 2.28B.
Autohome ADR shares are up 8.49% from the beginning of the year, still down 13.29% from its 52 week high of 100.10 set on September 13, 2019. They are outperforming the EUR/USD which is down 0% from the start of the year.
Autohome ADR shares lost 2.49% in intra-day trade following the report.
Autohome ADR follows other major Technology sector earnings this month
Autohome ADR's report follows an earnings beat by Apple on July 30, who reported EPS of 2.58 on revenue of 59.69B, compared to forecasts EPS of 2.05 on revenue of 52.29B.
Alphabet C had beat expectations on July 30 with second quarter EPS of 10.13 on revenue of 38.3B, compared to forecast for EPS of 7.95 on revenue of 37.33B.
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