ATHM: Negative Impact from New Auto Emission Policy; 2Q19 Revenue Likely To Be Inline With Consensus
ATHM will report 2Q19 results on August 7th before the markets open with an 8am EST conference call. ATHM’s fundamentals are likely to be impacted by the weaker consumer spending in the auto sector as well as the new National Emission Standard (Guo 6). The number of paying dealers did not bounce back in 2Q19 like it used to in previous years.
T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.
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