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- NYSE:ATHM
Autohome Third Quarter 2024 Earnings: EPS Beats Expectations
Autohome (NYSE:ATHM) Third Quarter 2024 Results
Key Financial Results
- Revenue: CN¥1.77b (down 6.9% from 3Q 2023).
- Net income: CN¥425.7m (down 25% from 3Q 2023).
- Profit margin: 24% (down from 30% in 3Q 2023).
- EPS: CN¥3.50 (down from CN¥4.61 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Autohome EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 10%.
Looking ahead, revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Interactive Media and Services industry in the US.
Performance of the American Interactive Media and Services industry.
The company's shares are up 2.7% from a week ago.
Risk Analysis
You still need to take note of risks, for example - Autohome has 1 warning sign we think you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NYSE:ATHM
Autohome
Operates as an online destination for automobile consumers in the People’s Republic of China.
Flawless balance sheet and good value.