Autohome (NYSE:ATHM) Third Quarter 2024 Results

Key Financial Results

• Revenue: CN￥1.77b (down 6.9% from 3Q 2023).

• Net income: CN￥425.7m (down 25% from 3Q 2023).

• Profit margin: 24% (down from 30% in 3Q 2023).

• EPS: CN￥3.50 (down from CN￥4.61 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Autohome EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 10%.

Looking ahead, revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Interactive Media and Services industry in the US.

Performance of the American Interactive Media and Services industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

It's still necessary to consider the ever-present spectre of investment risk. We've identified 1 warning sign with Autohome, and understanding this should be part of your investment process.

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