NEW YORK (TheStreet) -- Shares of SouFun Holdings (SFUN) fell more than 8% to a 52-week low of $8.36 ahead of the company's scheduled third-quarter earnings release on Thursday before the market open. Here's what analysts are expecting from the Chinese real estate Internet portal.
The consensus estimate calls for SouFun to report earnings of 18 cents a share on revenue of $202.2 million. In the third quarter last year, the company posted earnings of 23 cents a share, which beat analysts' expectations of 17 cents a share. Revenue totaled $185.05 million, which surpassed the consensus estimate of $173.71 million.
In the second quarter 2014, SouFun posted earnings of 16 cents a share, which edged analysts' estimate of 14 cents a share. Revenue totaled $168.15 million, which came up short of the consensus estimate of $173.52 million.
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Separately, TheStreet Ratings team rates SOUFUN HLDGS LTD as a "buy" with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate SOUFUN HLDGS LTD (SFUN) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, robust revenue growth, reasonable valuation levels, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself."