E-House (China) Holdings Q3 Profit Rises - Quick Facts

E-House (China) Holdings Limited (EJ) reported third quarter net income attributable to E-House of $34.91 million or $0.43 per share, compared to $10.9 million or $0.13 per share last year.

Revenues rose to $86.16 million from $39.33 million in the same quarter last year.

On average, 3 analysts polled by Thomson Reuters expected the company to report earnings of $0.31 per share, on revenues of $78.98 million for the quarter. Analysts' estimates typically exclude special items.

Moving ahead, the Company estimates that its revenues for the fourth quarter of 2009 will be in the range of $103 million to $106 million, an increase of 164% to 172% over the same quarter in 2008. E-House's revenues for the fourth quarter of 2009 other than revenues generated from the online real estate business that was merged into CRIC in October 2009 are estimated to be in the range of $90 million to $92 million, an increase of 131% to 136% over the same quarter in 2008.

Analysts expect revenues of $85.9 million.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com