Pali Research Sees Upside To Sohu.com's (SOHU) Q2 Results
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Pali Research sees upside potential to Sohu.com's (Nasdaq: SOHU) Q2 consensus. The firm said, "2Q08 just ended and our channel checks indicate that SOHU can post another strong quarter, which is a lot better than expected. We believe the upside surprise will again come from the strong performance of its game, TLBB."
The firm believes SOHU can post Q2 game revenues at a minimum of $48-$50, which is above the company's $43-$45 guidance. The firm said their Q2 GAAP EPS estimates of $0.71, which is the highest on the Street, may still be conservative. The consensus GAAP EPS estimates is $0.66.
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