Investing.com - China Online ADR reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
China Online ADR announced earnings per share of -0.11 on revenue of 352.6M. Analysts polled by Investing.com anticipated EPS of 0.49 on revenue of 462.75M.
China Online ADR shares are up 108.76% from the beginning of the year and are trading at 20.50 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
China Online ADR shares gained 5.78% in intra-day trade the report.
China Online ADR follows other major Services sector earnings this month
China Online ADR's report follows an earnings beat by Alibaba ADR on Thursday, August 20, 2020, who reported EPS of 14.82 on revenue of 153.75B, compared to forecasts EPS of 13.82 on revenue of 148B.
Walmart had beat expectations on Tuesday, August 18, 2020 with second quarter EPS of 1.56 on revenue of 137.7B, compared to forecast for EPS of 1.25 on revenue of 135.57B.
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