Autohome (ATHM) Tops Q1 EPS by 8c, Revenues Beat; Offers Q2 Revenue Guidance Above Consensus

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Autohome Inc. Announces Unaudited First Quarter Ended March 31, 2019 Financial Results

May 8, 2019 6:15 AM EDT

BEIJING, May 8, 2019 /PRNewswire/ --  Autohome Inc. (NYSE: ATHM) ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced its unaudited financial results for the first quarter ended March 31, 2019.

First Quarter 2019 Financial Highlights[1]

Net Revenues in the first quarter of 2019 were RMB1,611.9 million ($240.2 million), exceeding the high end of the Company's original guidance of RMB1,585.0 million ($236.2 million). Net Income attributable to Autohome Inc. in the first quarter of 2019 increased by 33.9% year-over-year to RMB646.3 million ($96.3 million).... More