SINA (SINA) to Release Earnings on Thursday
SINA (NASDAQ:SINA) is set to announce its earnings results before the market opens on Thursday, May 23rd. Analysts expect the company to announce earnings of $0.34 per share for the quarter. SINA has set its FY 2019 guidance at EPS.Investors that wish to listen to the company’s conference call can do so using this link.
SINA (NASDAQ:SINA) last issued its earnings results on Tuesday, March 5th. The technology company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.48). SINA had a net margin of 5.96% and a return on equity of 3.39%. The business had revenue of $573.01 million during the quarter, compared to analyst estimates of $575.29 million. During the same quarter in the prior year, the company earned $0.79 EPS. SINA’s revenue for the quarter was up 13.8% on a year-over-year basis. On average, analysts expect SINA to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
NASDAQ:SINA opened at $48.78 on Wednesday. SINA has a 52 week low of $47.00 and a 52 week high of $96.71. The company has a market capitalization of $3.39 billion, a P/E ratio of 28.69 and a beta of 1.08. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.91 and a current ratio of 2.91.
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SINA Corporation, through its subsidiaries, operates as an online media company in the People's Republic of China. It operates SINA.com, an online brand advertising portal that provides region-focused format and content, including multimedia news; business news coverage and personal finance columns; sporting events news; automobile-related news; entertainment news and events; technology updates; interactive video products, such as news, sports, and entertainment; and education, digital, fashion, luxury, health, collectibles, travel, and other interest-based channels.
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