#fang holding

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Earnings preview: Fang Holdings may bounce back in Q2 on housing recovery

Earnings preview: Fang Holdings may bounce back in Q2 on housing recovery

Photo by Thomas Lefebvre on Unsplash

Fang Holdings Ltd. (NYSE: SFUN), which operates as a real estate internet portal in China, is currently going through a rough patch, with the stock trading at an all-time low amid downbeat investor sentiment. The company is set to publish second-quarter results on Friday at 6:30 AM ET.

It is expected that the property listing platform will come up with…

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Fang Holdings slips to loss in Q1 on lower revenues; stock falls

Fang Holdings slips to loss in Q1 on lower revenues; stock falls

Shares of Fang Holdings Ltd (SFUN) dropped about 10% early Monday after the company unexpectedly reported a net loss for the first quarter, owing to a decline in revenues, which also missed Wall Street’s estimates.

On an adjusted basis, the China-based real estate internet portal posted a loss of $0.03 per ADS, representing a deterioration from the year-ago period when it posted nil earnings.…

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