Past 3 Quarter Report of 58.com Inc. (NYSE:WUBA)

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58.com Inc. (NYSE:WUBA) moved down -3.13% and closed its last trading session at $33.7. This Computer and Technology Sector stock currently has the Market Capitalization of 4.98 Billion. The Average Volume for the stock is measured as 1.38 Million. The Stock has a 52-Week High of $61.59 and 52-Week Low of $27.58 following the dates, it touched its 52-Week High on Apr 14, 2016 and 52-Week Low on Feb 6, 2017. Currently, the Return on Assets value for the trailing twelve months is -1.6% with the Return on Equity and Return on Investment of -2.3% and -8.6% respectively. This firm currently has YTD (year to date) performance of 20.36 Percent which is awesome. The Short Ratio for the stock is 0.

58.com Inc. (NYSE:WUBA) Price to Earnings (P/E) ratio is 0. EPS or Earning per Share stands at $-0.49. The TTM operating margin is 0.1 percent.

58.com Inc. (NYSE:WUBA) reports its Earnings on Thu 23 Feb (In 7 Days). The estimated EPS for the current quarter is said to be $-0.19. Following Earnings result, share price were DOWN 6 times out of last 11 Qtrs. The stock has reduced about -13.5% since it reported its last earnings. The Closing price of 58.com Inc. (NYSE:WUBA) at Last Earnings was $40.2 as compared to the previous closing price of $34.79. The Predicted Move on the 7th day after 58.com Inc. (NYSE:WUBA) will release its earnings at about 10%.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, 58.com Inc. (NYSE:WUBA) beats earnings by 58%, The Stock Missed Earnings  2  times and has met earnings  0 times.

Earnings History:

We will discuss the past Quarters Earnings below:

58.com Inc. (NYSE:WUBA) reported its previous quarter on 11/09/2016 where it reported the Actual Earnings of $0. The Closing price before the company posted its earnings was $40.2. The Stock declined on the very next day of earnings and maintained its stock price at $33.35 by showing a % change of -17.04 percent from its previous closing price. The Next Day Volume after Earnings was reported as 8.73 Million. On the 7th day After Earnings Report, the stock hit its share price as $31.39 by showing -21.92% decrease from the Stock price Before Earnings were reported.

On 08/17/2016, the stock reported the EPS of $0.15 where Analysts were projecting the EPS to be $-0.11 showing a difference of $0.26. Thus Surprise Factor was there with 236.4 percent. Before Earnings Announcement on 08/17/2016, the firm had its stock price of $53.7. And immediately on the next day after earnings announcement, the stock declined -14.28% and closed its trading session at $46.03. On 7th Day after earnings release, 58.com Inc. (NYSE:WUBA) dropped to -13.91% from $53.7 to $46.23.

On 06/02/2016, Analysts were suspecting EPS of $-0.72/share where 58.com Inc. (NYSE:WUBA) reported its Actual EPS of $-0.36. Thus showing a Surprise of 50 percent. The Closing Price of the stock before earnings was $52.1 while on the Next day the stock closed its trading session at $53.5 with a percentage change of 2.69% from the price of 52.1 before Earnings. The Stock Closing Price on the 7th day of earnings was $48.32.

Company Profile:

58.com Inc. operates an online marketplace for local merchants and consumers in the People’s Republic of China. Its online marketplace enables local merchants and consumers to connect, share information, and conduct business. The company’s online marketplace contains local information in approximately 485 cities in various content categories, including jobs, real estate, used goods, automotive, and yellow pages. It offers membership services, such as merchant certification and listing benefits, as well as display of online storefronts; and online marketing services comprising listing services, such as real-time bidding and priority listing, and marketing services through collaboration with third party Internet companies. 58.com Inc. was founded in 2005 and is headquartered in Beijing, the People’s Republic of China.