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Friday, November 17, 2017

Fang (SFUN) reported earnings on Fri 17 Nov 17 (b/o)

Fang Holdings Limited, formerly SouFun Holdings Limited, operates as a real estate Internet portal in China.

  • Headquarters: Beijing, China
  • Founded: June 1999
** charts before earnings **


** chart after earnings **

Fang beats by $0.01, beats on revs
  • Reports Q3 (Sep) earnings of $0.03 per share, $0.01 better than the Capital IQ Consensus of $0.02; revenues fell 55.1% year/year to $112.2 mln vs the $106.39 mln Capital IQ Consensus.
  • Business Outlook
    • Fang is continuing its transformation back to a technology-driven open platform model and expects a profitable fourth quarter. 

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