Autohome (NYSE: ATHM) reported Q3 EPS of $0.60, $0.04 better than the analyst estimate of $0.56. Revenue for the quarter came in at $232.7 million versus the consensus estimate of $226.84 million.

Business Outlook

Autohome currently expects to generate net revenues in the range of RMB1,690 million ($254.0 million) to RMB1,710 million ($257.0 million) in the fourth quarter of fiscal year 2017, representing a 16.1% to 15.1% year-over-year decrease.

Third Quarter 2017 Financial Highlights1

• Net Revenues increased 5.0% year-over-year to RMB1,548.4 million ($232.7 million), exceeding the high end of the Company’s original guidance of RMB1,520 million ($228.5 million).
• Media services and leads generation services revenues increased 38.7% year-over-year to RMB1,498.3 million ($225.2 million).
• Net Income attributable to Autohome Inc. increased 63.3% year-over-year to RMB426.1 million ($64.0 million).
• Net Cash Provided by Operating Activities was RMB548.3 million ($82.4 million), an increase of 41.7% year-over-year.

GUIDANCE:

Autohome sees Q4 2017 revenue of $254-257 million, versus the consensus of $256.75 million.

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