Boston, MA 06/17/2014 (wallstreetpr) – China Finance Online Co. (ADR) (NASDAQ:JRJC) has announced that it will report the first quarter financial results for the period ended on March 31, 2014 on June 19, 2014. The results will be announced after the market hours. The next two days can be extremely volatile for the company’s stock price. China Finance Online provides vertically integrated financial services. It is called as a user-focused market leader in the industry. The nervousness was seen on the price of company’s stock in last week.
The pre-announced results
Investors should check out the preannounced results of China Finance Online Co. (ADR) (NASDAQ:JRJC) that company reported in the month of May. It will help them to make a view on the trade they should enter in before the results. The company has preannounced that it expects the net revenues to come at $21.0 million in the first quarter results. The net revenues $21.0 million will be sharp uptick of 281.8% as compared to the net revenues of $5.5 million in the same period last year. The company expects to report $1.67 cash per share.
The optimism
The pre-announced results are clearly showing the optimism. Investors can consider the stock to buy at these levels as they are cheap and offer healthy return potentials in the coming time. China Finance Online Co. (ADR) (NASDAQ:JRJC) has pre-announced the healthy revenues despite the fact that there were fewer trading days in the first quarter of the year. It had a number of Chinese New Year Holidays that will have an impact on the company’s earnings.
Investors should also not forget that China Finance Online Co. (ADR) (NASDAQ:JRJC) has posted impressive results in the last quarter. The revenue numbers were impressive, and moreover, the company saw the profitable quarter after two long years. Analyzing the past quarter number and the pre-announced results, it seems that the company is set to post another strong and profitable quarter.
