Key Takeaways:
Cango’s revenue fell 30% in the first quarter, led by a 74% decline in its legacy auto financing business that the company is de-emphasizing in favor of broader auto trading services
Key Takeaways:
Cango’s revenue fell 30% in the first quarter, led by a 74% decline in its legacy auto financing business that the company is de-emphasizing in favor of broader auto trading services
Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced that Mr. Haifeng Shao has stepped down from his role as a co-president of the Company due to his other personal commitments. Mr. Shao has no disagreement with the Company.
Key Takeaways:
Autohome’s adjusted net income tumbled 40% during the first quarter, less than the 50% drop expected by the market. Relieved investors sent the share price soaring 19% over three trading days
Autohome Inc (NYSE:ATHM) reported a first-quarter FY22 revenue decline of 20.1% year-on-year to $232.1 million, beating the consensus of $209.2 million.…
Companies Reporting Before The Bell
• Elbit Systems (NASDAQ:ESLT) is estimated to report quarterly earnings at $1.89 per share on revenue of $1.26 billion.
Autohome (NYSE:ATHM) is set to give its latest quarterly earnings report on Tuesday, 2022-05-24. Here's what investors need to know before the announcement.
Analysts estimate that Autohome will report an earnings per share (EPS) of $0.40.