Fang Holdings (SFUN) Misses Q1 EPS by 1c

Fang Holdings (NYSE: SFUN) reported Q1 EPS of ($0.02), $0.01 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $109.8 million versus the consensus estimate of $111.1 million.

Business Outlook

The Company is undergoing adjustments to its transformations and is returning to open-platform strategy. Before these changes are finalized, the company will see a decrease in its top line revenue.

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

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