By WestEnd511:
Qihoo (NYSE:QIHU) will report its 2Q14 earnings on Monday before market opens. The detail of the conference call is below:
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US Toll Free Dial In: |
+1 866-519-4004 |
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International Dial In: |
+65 6723 9381 |
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Hong Kong Dial In: |
+852-2475-0994 |
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Conference ID: |
87291151 |
Consensus expects $0.46 in EPS (vs. $0.40 a year ago) on revenue of $309m (+104% y/y). The stock has outperformed the broader NASDAQ by 5% over the past three months.
(click to enlarge)
Expect continued momentum in search and mobile
The company guided $300-305m in revenue, slightly conservative vs. consensus but nonetheless indicates that both online advertising and IVAS (ie. mobile games, search and advertising) to continue its near-term momentum. In particular, search will be an area to focus as CNZZ recently released its China search market estimate in which QIHU has 30% of the market in terms of page views vs. Baidu’s (NASDAQ:BIDU) 55%, indicating that Qihoo is
