Focus Media Holding Limited (FMCN) Tops Q4 EPS by 9c; Updates Revenue Outlook

Focus Media Holding Limited (NASDAQ: FMCN) reported Q4 EPS of $0.70, $0.09 better than the analyst estimate of $0.61. Revenue for the quarter came in at $256.4 million versus the consensus estimate of $225.13 million.

Focus Media Holding Limited sees Q1 2012 core revenues between $177-$179 million, versus the consensus of $183.47 million (may not be comparable).

Net revenues for the non-core business (the traditional outdoor billboard network) are expected to be in the range of $13-$15 million. The Company's non-GAAP net income is expected to be in the range of $58-$60 million. The Company estimates the weighted average fully diluted ADS count for the quarter at 135 million, assuming no further share repurchases during the quarter.

For earnings history and earnings-related data on Focus Media Holding Limited (FMCN) click here.

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