Investing.com - Autohome ADR reported on Thursday fourth quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
Autohome ADR announced earnings per share of 2.03 on revenue of 1.69B. Analysts polled by Investing.com anticipated EPS of 3.43 on revenue of 1.69B.
Autohome ADR shares are down 8.65% from the beginning of the year, still down 78.08% from its 52 week high of 122.84 set on February 25, 2021. They are under-performing the EUR/USD which is down 0% from the start of the year.
Autohome ADR shares gained 0.82% in intra-day trade following the report.
Autohome ADR follows other major Communication Services sector earnings this month
Autohome ADR's report follows an earnings beat by Alphabet C on February 1, who reported EPS of 30.69 on revenue of 75.33B, compared to forecasts EPS of 27.8 on revenue of 72.27B.
Meta Platforms had missed expectations on February 2 with fourth quarter EPS of 3.67 on revenue of 33.67B, compared to forecast for EPS of 3.84 on revenue of 33.37B.
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