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Brean Capital Cuts Price Target on 58.com (WUBA) to $57 Following Mixed 2Q

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58.com (WUBA) Tops Q2 EPS by 26c

August 18, 2016 6:19 AM EDT

58.com (NYSE: WUBA) reported Q2 EPS of $0.15, $0.26 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $297.8 million versus the consensus estimate of $303.42 million.

Business Outlook

Based on the Company's current operations, total revenues for the third quarter of 2016... More

Trading Radar for 8/18: Wal-mart (WMT), Applied Materials (AMAT), MSG Networks (MSGN), Canadian Solar (CSIQ) Report

August 17, 2016 2:36 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 265kContinuing Claims - no Street consensusPhiladelphia Fed - Street sees 0.5

Earnings:

58.com (NYSE: WUBA) -... More