QIHOO 360 Technology Co. Ltd. Fourth Quarter Earnings Sneak Peek
QIHOO 360 Technology Co. Ltd. (NYSE:QIHU) will unveil its latest earnings on Wednesday, February 22, 2012.
QIHOO 360 Technology Co. Ltd. Earnings Preview Cheat Sheet
During the past three months, the average estimate has moved down from 10 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 8 cents during the last month.
Past Earnings Performance: The company has beaten estimates the last two quarters and is coming off a quarter where it topped the forecasts by 4 cents, reporting profit of 9 cents per share against a mean estimate of net income of 5 cents. In the second quarter, the company exceeded forecasts by 7 cents with profit of 9 cents versus a mean estimate of net income of 2 cents.
Investing Insights: Will the iPad 3 Be the Next Catalyst for Apple’s Stock?
Analyst Ratings: Analysts are high on the stock, with four analysts rating it as a buy, none rating it as a sell and one rating it as a hold.
Stock Price Performance: Between November 18, 2011 and February 16, 2012, the stock price fell $1.27 (-6.9%), from $18.38 to $17.11. The stock price saw one of its best stretches over the last year between January 13, 2012 and January 23, 2012, when shares rose for six straight days, increasing 10.5% (+$1.68) over that span. It saw one of its worst periods between September 13, 2011 and September 22, 2011 when shares fell for eight straight days, dropping 22.7% (-$4.99) over that span.
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)
Don’t Miss These Additional Hot Stories:
To contact the reporter on this story: Derek Hoffman at email@example.com
To contact the editor responsible for this story: Damien Hoffman at firstname.lastname@example.org