China Real Estate Information Posts Loss In Q3 - Quick Facts

   Date:2011-11-30     Source:xujintaoheww

China Real Estate Information Corp. (CRIC) posted third quarter net loss attributable to CRIC shareholders of $413.05 million versus profit of $6.57 million last year. Loss per ADS was $2.94 compared with profit per ADS of $0.04 in the same quarter last year.

Non-GAAP net income per ADS was $0.10, flat with the prior-year quarter.

On average, two analysts polled by Thomson Reuters expected the company to report earnings of $0.13 per share. Analysts' estimates typically exclude special items.

Revenues grew to $69.16 million from $47.23 million in the same quarter last year. Analysts estimated revenues of $69.41 million.

Looking ahead, CRIC estimates that its total revenues for the fourth quarter will be in the range of $68 million to $70 million, compared to $62.4 million in the same quarter of 2010. Analysts expect the company to report revenues of $81.87 million.

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