SouFun Holdings (SFUN) Misses Q1 EPS by 2c, Raises FY Revenue Guidance

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Go back to SouFun Holdings (SFUN) Misses Q1 EPS by 2c, Raises FY Revenue Guidance

Brean Capital Downgrades SouFun Holdings (SFUN) to Hold

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