Sina Likely To Report Forgettable Q1 Results, But Revenues Should Recover Sharply In The Near Future [Forbes]
SINA (SINA)
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Source: Forbes
Sina Likely To Report Forgettable Q1 Results, But Revenues Should Recover Sharply In The Near Future Employees work at Sina Corp.'s headquarters in Beijing, China, on Saturday, Feb. 12, 2011. Photographer: Nelson Ching/Bloomberg BLOOMBERG NEWS We maintain our price estimate of $73 per share Sina’s Q1 Earnings Estimate technology company data here A Quick Look At Sina’s Revenue Sources Sina makes money through advertising on its mobile and web properties, and through its fintech offerings and mobile value-added services. Most of the company’s revenue is generated in China. Sina’s fiscal year ends in December. The company has two business segments (total revenue of $2.1 billion in 2018) Trefis Sina’s total revenues grew by $1.1 billion over 2016-2018 (CAGR of 43%) Q4 2018 performance and Q1 2019 expectations: We forecast Sina’s EPS figure for full-year 2019 to be $6.18. Taken together with our forward P/E multiple of 12x for the company, this works out to a What’s behind Trefis? S
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