Fang Holdings (SFUN) Misses Q4 EPS by 1c

Fang Holdings (NYSE: SFUN) reported Q4 EPS of ($0.02), $0.01 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $174.7 million versus the consensus estimate of $187.61 million.

Business Outlook

The Company is undergoing adjustments to its transformations and the company is planning to return to open-platform strategy. Before these changes are finalized, the company will see a decrease in its top line revenue but will expect to be profitable for the whole year 2017

For earnings history and earnings-related data on Fang Holdings (SFUN) click here.

(Updated named in headline and body)

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