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Autohome (ATHM): Q3 2019 Earnings Snapshot

By Staff Correspondent |
Earnings Update by AlphaStreet

— Autohome Inc. (NYSE: ATHM) reported Q3 2019 earnings of RMB 5.88, or $0.82 per share, vs. $0.82 expected.

— Revenues grew 14.9% to RMB2.17 billion, or $303.6 million, vs. $305.8 million expected.

— Total number of average daily active users who accessed the company’s mobile websites, primary application and mini-apps reached 38.8 million in September, representing an increase of 38% from the year-ago period.

— Q4 2019 net revenues are expected to grow 3.1-6.5% to a range of RMB2,255.0 million ($315.5 million) to RMB2,330.0 million ($326.0 million).  

— ATHM shares fell 0.09% following the announcement.

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