Shares of Autohome Inc. (ATHM), a leading online auto platform in China, fell 5.3% on Wednesday after the company reported mixed third-quarter results, with revenue growth slowing despite beating earnings estimates.
Autohome posted a non-GAAP earnings per ADS of RMB 4.08 ($0.58), beating the consensus estimate of RMB 3.71. However, total revenue for the quarter came in at RMB 1.78 billion, slightly below the expected RMB 1.76 billion, as growth moderated to 3.1% year-over-year.
While the company highlighted continued momentum in its online marketplace and new energy vehicle segments, the overall revenue growth rate appears to have slowed compared to previous quarters. Some analysts suggest that this deceleration, coupled with potentially high expectations heading into the earnings release, may have contributed to the stock's decline on the day.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。