Sohu.com (SOHU) reported outstanding earnings this morning. A few weeks ago, SOHU said to expect fourth-quarter earnings-per-share of $1.20 to $1.25. This morning, the company said it earned $1.35 a share. For last year’s fourth quarter, Sohu.com earned 39 cents a share so that’s growth of over 240%.
I’m very happy to see strong guidance. For the first quarter, SOHU said to expect earnings-per-share of $1.05 to $1.10. For last year’s first quarter, the company made 55 cents a share so SOHU is still maintaining its blistering pace.
The shares are currently up over 8% today.