Phoenix New Media (FENG) Set to Announce Earnings on Monday

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Phoenix New Media (NYSE:FENG) is scheduled to be posting its quarterly earnings results after the market closes on Monday, November 11th. Phoenix New Media has set its Q3 2019 guidance at EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Phoenix New Media (NYSE:FENG) last issued its quarterly earnings data on Monday, August 12th. The information services provider reported ($0.14) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($1.20) by $1.06. Phoenix New Media had a negative return on equity of 7.49% and a negative net margin of 17.65%. The business had revenue of $57.55 million for the quarter. On average, analysts expect Phoenix New Media to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of NYSE:FENG opened at $2.77 on Friday. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.03. Phoenix New Media has a 52-week low of $2.22 and a 52-week high of $5.10. The stock’s fifty day simple moving average is $2.59 and its 200-day simple moving average is $3.16. The company has a market capitalization of $197.26 million, a P/E ratio of -21.31 and a beta of 2.06.

Several analysts have recently issued reports on the company. ValuEngine upgraded Phoenix New Media from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd. Zacks Investment Research upgraded Phoenix New Media from a “sell” rating to a “hold” rating in a research note on Thursday, August 8th.

About Phoenix New Media

Phoenix New Media Limited provides content on an integrated Internet platform in the People's Republic of China. The company operates in two segments, Net Advertising Services and Paid Services. It offers content and services through three channels, including PC channel, mobile channel, and telecom operators, as well as transmits content to TV viewers, primarily through Phoenix TV.

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Earnings History for Phoenix New Media (NYSE:FENG)

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