Actionable news
0
All posts from Actionable news
Actionable news in SINA: Sina Corporation,

What Lies in Store for SINA Corp (SINA) in Q2 Earnings?

SINA Corporation SINA is slated to release second-quarter 2017 results on Aug 9 before the opening bell. Last quarter, the company posted a positive earnings surprise of 178.57%. Moreover, it has delivered positive earnings surprises in three of the trailing four quarters, resulting in an average positive earnings surprise of 444.64%.

Furthermore, the company reported decent first-quarter 2017 results wherein adjusted net revenues of $275.4 million topped the Zacks Consensus Estimate of $263 million and increased 40.5% year over year.

Additionally, we note that SINA’s shares have gained 64.8% in the last one year; vastly outperforming the industry’s gain of 36.8%.

Let’s see how things are shaping up prior to...


More