Autohome Inc. Announces Unaudited Second Quarter Ended June 30, 2020 Financial Results

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Autohome (ATHM) Misses Q2 EPS by 6c, Revenues Miss; Offers 3Q Revenues Below Consensus

August 25, 2020 5:46 AM EDT

Autohome (NYSE: ATHM) reported Q2 EPS of $0.97, $0.06 worse than the analyst estimate of $1.03. Revenue for the quarter came in at $327.4 million versus the consensus estimate of $329.07 million.

Second Quarter 2020 Highlights[1]

Net Revenues in the second quarter of 2020 were RMB2,313.3 million ($327.4 million), in line with the Company's guidance.Online Marketplace and Others Revenues in the second quarter of 2020 were RMB540.2 million ($76.5 million), which contributed to 23.4% of total revenues, compared to 17.0% in the corresponding period of 2019. Data Products in the online marketplace and other business achieved revenue growth of close to 70%... More