(RTTNews) - The third-quarter earnings season is in full gear. In the week ended October 30 that marks the fourth-week of the reporting season, the following few companies issued a disappointing outlook.

Sohu.com - Slows Down

After reporting 15% lower profit and record total revenues for the third-quarter Monday, Chinese web portal Sohu.com Inc. (SOHU: News ) issued a tepid fourth-quarter profit and revenue outlook.

Sohu foresees fourth-quarter total revenue to range between $134.5 million and $138.5 million. The fourth-quarter revenue outlook represents -1.5% to +1.4% change over the revenue of $136.6 million reported in the preceding third-quarter. Wall Street analysts now have a consensus revenue estimate of $136.21 million.

Sohu.com derives revenue from advertising, online games, wireless services like providing short messaging services, Ring Back Tone, Wireless Application Protocol, multimedia messaging services and interactive voice response.

The company's advertising revenue for the fourth-quarter is expected in the range of $48.0 million to $50.0 million while online game revenue is anticipated to be between $69.0 million and $71.0 million.

Excluding profit from its stake in Changyou, Sohu foresees fourth-quarter non-GAAP net income to be between $35.0 million or $0.90 per share and $37.0 million or $0.95 per share. Analysts polled by Thomson Reuters now have earnings estimate pegged at $0.88 per share. Analysts' estimate for fiscal fourth-quarter has fallen by 11 cents over the past seven days. Sohu's fourth-quarter per share earnings outlook represents a decline of 34%-38% from earnings reported last year.
Sohu remains confident that its online game business will retain its leadership position while continuing to capture additional market share. Sohu conducts online game business via Changyou, which currently operates two massively multi-player online role-playing games, namely Tian Long Ba Bu and Blade Online.

Changyou is a spin-off from Sohu and is still majority-owned by Sohu. Changyou was listed on the Nasdaq in April of this year.

SOHU, which has lost over 22% of its value over the past five days, closed Friday's trading at $55.60.

Changyou.com - Play It Safe

Changyou.com Ltd. (CYOU), an online game developer and operator in China and a spin-off from Sohu.com Inc. (SOHU), which reported better-than-expected third-quarter net income on 3% higher revenues, gave a mixed outlook for its fourth-quarter.

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