SOHU beats earnings by 14%, beats revenues by 5% (revenues rose 134% year-to-year), and issues upside guidance for 4th quarter, with expected EPS $1.20-1.25 vs. $1.08 consensus, and expected 4th quarter revenues $118.0-122.0 mln vs. $116.47 mln consensus. They also announce a $150 milllion share repurchase program. After a brief rally, they tank all day and close near 1/22 lows. Question of the Day: Why?
if compared to others, it is definitely much better than you could expect at this time...at least that's my opinion