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Equities in Focus - Autohome Inc (ADR) (NYSE:ATHM), OGE Energy Corp. (NYSE:OGE), ANSYS, Inc. (NASDAQ:ANSS)

Equities in Focus - Autohome Inc (ADR) (NYSE:ATHM), OGE Energy Corp. (NYSE:OGE), ANSYS, Inc. (NASDAQ:ANSS)
Written by
Chris Sandburg
Published on
November 5, 2014
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Autohome Inc (ADR) (NYSE:ATHM) reported that for Q3 ended Sept. 30, 2014, earnings and revenue topped analysts' expectations, and provided revenue outlook for fiscal 2014 above Street estimates. Autohome Inc (ADR) (NYSE:ATHM) shares are down 3.47% at $48.45 with a 52-week range of $26.00 - $57.93. The owner and operator of online automobile content providers autohome.com.cn and che168.com posted Q3 net income of RMB 170.9 million or RMB 1.59 per ADS ($27.8 million or $0.26 per ADS), compared with the prior-year period's RMB 136.2 million or RMB 1.34 per ADS ($22.27 million or $0.25 per ADS).Adjusted net income was RMB 183.9 million or RMB 1.71 per ADS ($30 million or $0.28 per ADS), versus RMB 141.5 million or RMB 1.63 per ADS ($23.14 million or $0.27 per ADS) in the same quarter the previous year. Revenue was RMB 545.1 million ($88.8 million), up 64.6% from RMB 331.2 million ($54.16 million) in the same quarter last year. Analysts polled by Capital IQ were expecting earnings of $0.26 per ADS on revenues of $84.52 million. The company expects Q4 revenue of RMB 610 million ($99.4 million) to RMB 636 million ($103.6 million) versus the Street view of $94.64 million.OGE Energy Corp. (NYSE:OGE) reported Q3 results that were largely in line with analysts' estimates but warned that 2014 results will be at the lower end of the previously issued guidance. The energy and energy services provider said earnings fell to $187.3 million or $0.94 per diluted share from $215.2 million or $1.08 the year earlier, in line with the average estimate from analysts polled by Capital IQ. Revenues rose to $754.7 million from $723.2 million compared to the $750 million consensus.For 2014, OGE Energy Corp. (NYSE:OGE) said consolidated earnings will be at the lower end of the previously issued guidance of $1.94 to $2.06 per share compared to the $2.00 average estimate. Moreover, it said that earnings at its Oklahoma Gas and Electric Company unit are expected to fall below the previously issued guidance of approximately $1.46 to $1.52 per average diluted share in 2014, due to lower revenues associated with mild summer weather. OGE is trading within a 52-week range of $32.85 and $40.00.ANSYS, Inc. (NASDAQ:ANSS) shares are lower after it reported that for Q3 ended Sept. 30, 2014, earnings topped analysts' expectations, while revenue fell short. Guidance for Q4 and fiscal 2014 were below the Street, and its fiscal 2015 outlook was in line. Shares are down 3.6% at $74.59 with a 52-week range of $71.09 - $89.42. The company, which develops and globally markets engineering simulation software and services, posted Q3 GAAP net income of $65.5 million or $0.70 per share, compared with the prior-year period's $62.4 million or $0.66 per share. Non-GAAP net income was $83.7 million or $0.89 per share, versus $78.8 million or $0.83 per share in the same quarter the previous year. Revenue was $235.5 million, up 10% from $213.4 million in the same quarter last year. Analysts polled by Capital IQ were expecting EPS of $0.82 on revenue of $237.04 million.ANSYS, Inc. (NASDAQ:ANSS) expects Q4 non-GAAP EPS of $0.78 - $0.82 on revenue of $245 million - $253 million, below the Street view of $0.90 EPS on revenue of $262.49 million. For fiscal 2014, ANSS sees non-GAAP EPS of $3.29 - $3.33 on revenue of $931 million - $939 million. Analysts are looking for EPS of $3.34 on revenues of $949.91 million. The company also provided preliminary guidance for fiscal 2015. It sees non-GAAP EPS of $3.53 - $3.64 on revenue of $984 million - $1.014 billion. The analysts' consensus is for EPS of $3.63 on revenue of $1.036 billion.

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