Sohu.com Ready for its Quarterly Earnings Release

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Sohu.com Ready for its Quarterly Earnings Release

Published on Friday, 03 February 2012 20:39 Written by Gerard Lerod

sohu New York, February 3rd (TradersHuddle.com) - Shares of Sohu.com Inc. (NASDAQ:SOHU) traded higher by +2.74% ahead of its quarterly earnings release. Sohu.com, the Chinese search engine and Internet portal is expected to release its quarterly results on February 6^th.

Wall Street Analysts consensus calls for a profit of $1.24 a share on $243.75 million revenue.

Sohu.com estimates have a range of $0.15 a share. The high estimate calls for profit of $1.32 a share and the low estimate is calling for a profit of $1.17 a share, a year ago for the quarter the company reported $1.07 a share.

Sohu.com Inc. (NASDAQ:SOHU) operates an Internet portal in China. The Company's Web site consists of Chinese language Web navigational and search capabilities, Web-based communications services, and a platform for e-commerce services.

Other companies on the watch on this earnings event are SINA Corporation NASDAQ:SINA and Baidu, Inc. NASDAQ:BIDU.

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