Fang Holdings (SFUN) Reports Q4 EPS of $0.00 on Revenues of $56.1M

Fang Holdings (NYSE: SFUN) reported Q4 EPS of $0.00, versus ($0.29) reported last year. Revenue for the quarter came in at $56.51 million, versus $49.32 million reported last year.

Fourth Quarter 2020 Highlights

• Total revenues were $56.5 million, an increase of 14.6% from $49.3 million in the corresponding period of 2019.
• Operating income from continuing operations was $5.9 million, compared to an operating loss from continuing operations of $21.0 million in the corresponding period of 2019.
• Net loss was $76 thousand, compared to a net loss of $26.2 million in the corresponding period of 2019.

Business Outlook

Based on current operations and market conditions, Fang's management predicts a positive net income for the year of 2021, which represents management's current and preliminary view and is subject to change.

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

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