SouFun Announces First Quarter 2015 Results
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May 21, 2015 6:34 AM EDT
Brean Capital downgraded SouFun Holdings (NYSE: SFUN) from Buy to Hold on margin decline.
Analyst Anne Shih commented, "SouFun reported mixed 1Q15 results, with better revenue but weaker earnings also the clear message for 2015 as the company pushes strongly ahead with its new direct sales model. The company raised its annual revenue guidance to 15% YoY growth, from +10% to +11% YoY... More
May 20, 2015 7:45 AM EDT
SouFun Holdings (NYSE: SFUN) reported Q1 EPS of $0.02, $0.02 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $123.5 million versus the consensus estimate of $123.87 million.
SouFun Holdings sees FY2015 revenue of $808.3 million, versus prior guidance of $773.2 million and the consensus of $815.06... More
