Autohome (NYSE: ATHM) reported Q3 EPS of RMB2.00, RMB0.11 worse than the analyst estimate of RMB2.11. Revenue for the quarter came in at RMB898.6 million versus the consensus estimate of RMB884.77 million.

James Qin, Chief Executive Officer of Autohome, stated, "We are pleased to report another great quarter, which again exceeded the high end of our expectation range, despite the overall macroeconomic conditions in China. Our core advertising and dealer yellow-page businesses continued to be the robust growth drivers. We believe our superior content and expanded suites of products, along with highly-effective leads generation, continued to drive significant traffic and user engagement onto Autohome's platform. With this continued success, we are very much encouraged and will remain fully committed to executing a multi-faceted transaction platform in order to provide superior value to all of our customers, and to capture the large opportunity for transaction business in the China market."

"Looking into the rest of the year, we will continue to drive growth by seeking ways to increase user engagement, enhance brand awareness, while striving to demonstrate the customer value. In the meantime, we strive to deliver and demonstrate the customer value that sets Autohome apart from its peers, which includes enhanced leads generation, pricing transparency and innovative solutions. Most importantly, we will continue to focus on further ramping up our transaction capabilities related to both new cars and used cars. We are confident that our combined platform of media, lead generation and transaction will solidify our dominant leading position in China's automobile consumer market and significantly sustain our competitive advantage."

Nicholas Chong, Chief Financial Officer, commented, "We have delivered strong performance at all fronts, including revenue, profit and cash generation in the third quarter, which is a solid proof of our business resilience, highly cost-effective product offerings, and operating leverage. As we continue to focus on business growth throughout the rest of the year, we plan to further invest in business expansion in order to maintain sustainable growth in revenues and profitability, as well as to create long-term shareholder value."

For earnings history and earnings-related data on Autohome (ATHM) click here.