Phoenix New Media (FENG) Misses Q4 EPS by 3c

Phoenix New Media (NYSE: FENG) reported Q4 EPS of ($0.08), $0.03 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $58.1 million versus the consensus estimate of $58.34 million.

Business Outlook

• For the first quarter of 2019, the Company expects its total revenues to be between RMB254.8 million and RMB274.8 million; net advertising revenues are expected to be between RMB193.8 million and RMB208.8 million; and paid services revenues are expected to be between RMB61.0 million and RMB66.0 million.
• All of the above forecasts reflect the Company's current and preliminary view on the market and operational conditions, which are subject to change.

For earnings history and earnings-related data on Phoenix New Media (FENG) click here.

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