Investing.com - Autohome ADR reported on Wednesday second quarter earnings that matched analysts' forecasts and revenue that was inline with expectations.
Autohome ADR announced earnings per share of 3.38 on revenue of 1.73B. Analysts polled by Investing.com anticipated EPS of 3.38 on revenue of 1.73B.
Autohome ADR shares are up 20.86% from the beginning of the year, still down 31.93% from its 52 week high of 52.34 set on October 11, 2021. They are outperforming the EUR/USD which is down 0% from the start of the year.
Autohome ADR shares lost 1.74% in pre-market trade following the report.
Autohome ADR follows other major Communication Services sector earnings this month
Autohome ADR's report follows an earnings missed by Alphabet C on July 26, who reported EPS of 1.21 on revenue of 69.69B, compared to forecasts EPS of 1.27 on revenue of 69.8B.
Meta Platforms had missed expectations on July 27 with second quarter EPS of 2.46 on revenue of 28.82B, compared to forecast for EPS of 2.54 on revenue of 28.91B.
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