=Autohome (ATHM) reported earnings on Wed 7 March 2018 (b/o)

Autohome beats by $0.31, beats on revs; guides Q1 revs below two analyst estimate 

• Reports Q4 (Dec) earnings of $1.00 per share, $0.31 better thanthe Capital IQ Consensus of $0.69; revenues fell 7.2% year/year to $269.2 mln vs the $266.37 mln Capital IQ Consensus.
• Co issues downside guidance for Q1, sees Q1 revs of $187.5-192.1 mln vs. $204.48 mln two analyst estimate.
• Media services revenues increased 32.3% to RMB968.5 million ($148.9 million) from RMB732.0 million in the corresponding period of 2016. The increase was mainly due to an increase in average revenue per automaker advertiser as automakers continue to allocate a greater portion of their advertising budgets to Autohome, with increasingly diversified and optimized portfolio of products being offered.