58.com Reports Third Quarter 2017 Unaudited Financial Results

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Go back to 58.com Reports Third Quarter 2017 Unaudited Financial Results

58. com Inc (WUBA) PT Raised to $75 at Deutsche Bank Following Strong 3Q

November 14, 2017 7:40 AM EST

Deutsche Bank raised its price target on 58. com Inc (NYSE: WUBA) to $75.00 (from $70.00) while maintaining a Buy rating following the company's 3Q earnings report. WUBA reported a strong quarter with top-line, bottom-line and 4Q guidance beating consensus by 7%, 64% and 4% respectively. Revenue grew by... More

58.com (WUBA) Tops Q3 EPS by 17c

November 13, 2017 7:20 AM EST

58.com (NYSE: WUBA) reported Q3 EPS of $0.49, $0.17 better than the analyst estimate of $0.32. Revenue for the quarter came in at $410.2 million versus the consensus estimate of $386.4 million.

Business Outlook

Based on the Company's current operations, total revenues for the fourth quarter of 2017... More