Investing.com - China Online ADR reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
China Online ADR announced earnings per share of 0.09 on revenue of 538.47M. Analysts polled by Investing.com anticipated EPS of 0.015 on revenue of 475.65M.
China Online ADR shares are up 184.01% from the beginning of the year, still down 25.01% from its 52 week high of 37.19 set on February 27. They are outperforming the EUR/USD which is down 0% from the start of the year.
China Online ADR follows other major Services sector earnings this month
China Online ADR's report follows an earnings beat by Amazon.com on October 29, who reported EPS of 12.37 on revenue of 96.15B, compared to forecasts EPS of 7.41 on revenue of 92.78B.
Alibaba ADR had beat expectations on November 5 with second quarter EPS of 18 on revenue of 155.06B, compared to forecast for EPS of 13.82 on revenue of 154.87B.
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