Sohu.com has lowered expectations ahead of its announcements of second quarter results Monday.
Sohu.com Inc. [[SOHU]] reports second quarter results at 8:30 am EDT Monday. Here’s what to expect from the Chinese Internet information and entertainment company:
Revenue: $123 million
This is not going to be Sohu.com’s best showing – despite revenue anticipated to grow 20% from a year ago, EPS is expected to drop 25% from $1.02 in the second quarter of 2008.
The company has a strong track record of earnings surprises – beating average estimates in four of its last four quarters, once by as much as 48%. Sohu.com may report results above consensus, but don’t be too impressed – EPS estimates have fallen from $1 to its current level of $0.76 over the last 90 days.
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