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Thursday, August 16, 2018

-=58.com (WUBA) reported earnings on Thur 16 Aug 2018 (b/o)



58.com beats by $0.12, beats on revs; guides Q3 revs above consensus 
  • Reports Q2 (Jun) earnings of $0.82 per share, $0.12 better than the S&P Capital IQ Consensus of $0.70; revenues rose 35.4% year/year to $518.5 mln vs the $485.03 mln S&P Capital IQ Consensus.
  • Co issues upside guidancefor Q3, sees Q3 revs of CNY3.45-3.55 bln vs. CNY3.36 bln S&P Capital IQ Consensus.

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