SOHU earnings after close !!!

SOHU'S earnings is after close tuesday.SOHU is expected to BEAT the estimates due to its strong ramp in pre olympics advertizing.

SOHU is among the many exclusive advertizer for Beijing Olympics.

BIDU upside came from ad revenue and its upside guidance was also due to higher ad revenue expected.

SOHU numbers are following :

Sales Q1 Consensus estimate $33.37 million

Sales Q2 Consensus estimate $36.81 million

EPS Q1 Consensus estimate 15 cents

EPS Q2 Consensus estimate 18 cents

As you can see from above numbers SOHU will be showing sequential gain Q/Q in both Sales & EPS.

I do expect SOHU to beat Q1 EPS estimate when they report.......stock should see an expected JUMP if EPS comes out AHEAD of consensus.

CHINA is also showing signs that it may move UP quickly.......retested its SUPPORT today & closed in GREEN in a bad market.

I have NO position in SOHU or CHINA.

Please do your OWN due diligence.

BLOG does give buy or sell.BLOG is for educational purpose only.

Good luck on your trades.

Saleem