Bitauto Holdings Limited (BITA) Analysts See $0.44 EPS

November 10, 2018 - By Winifred Garcia

Analysts expect Bitauto Holdings Limited (NYSE:BITA) to report $0.44 EPS on November, 19.They anticipate $1.76 EPS change or 133.33 % from last quarter’s $-1.32 EPS. BITA’s profit would be $31.44 million giving it 9.27 P/E if the $0.44 EPS is correct. After having $0.01 EPS previously, Bitauto Holdings Limited’s analysts see 4,300.00 % EPS growth. The stock decreased 8.47% or $1.51 during the last trading session, reaching $16.32. About 1.24M shares traded or 59.74% up from the average. Bitauto Holdings Limited (NYSE:BITA) has declined 46.00% since November 10, 2017 and is downtrending. It has underperformed by 61.62% the S&P500.

Bitauto Holdings Limited provides Internet content and marketing, and transaction services for the automotive industry in the People's Republic of China. The company has market cap of $1.17 billion. The firm operates in three divisions: Advertising and Subscription Business, Transaction Services Business, and Digital Marketing Solutions Business. It currently has negative earnings. The Advertising and Subscription Business segment provides advertising services, including new automobile pricing and promotional information, specifications, reviews, and consumer feedback to automakers through its bitauto.com and taoche.com Websites, as well as mobile applications.

Bitauto Holdings Limited (NYSE:BITA) Ratings Chart

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