Autohome, BitAuto Rally Heading Into Earnings

By | May 4, 2015

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Both Autohome (ATHM) and BitAuto (BITA) are expected to report big double-digit revenue gains this week that would nonetheless mark a deceleration from previous quarters. And amid plans for increased spending, BitAuto’s earnings are seen declining for the first time in years. Autohome is expected to report a 30% earnings gain Wednesday. Analysts currently expect a 76.8% revenue rise to $97.4 million in U.S. dollars. In its previous earnings Scalper1 News

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