Phoenix New Media (FENG) Tops Q3 EPS by 7c; Guides Q4 Revs Growth Outlook
Phoenix New Media (NYSE: FENG) reported Q3 EPS of $0.12, $0.07 better than the analyst estimate of $0.05. Revenue for the quarter came in at $42.5 million versus the consensus estimate of $37.85 million.
For the fourth quarter of 2011, the Company expects its total revenues to be between RMB247 million and RMB264 million, representing a year-over-year growth of approximately 56% to 67%.
For the fourth quarter of 2011, the Company expects its total revenues to be between RMB247 million and RMB264 million, representing a year-over-year growth of approximately 56% to 67%.