Huya Inc Reports Results For The Quarter: Earnings Summary

HUYA

12/11/2024 15:24

* HUYA Inc  HUYA.N  reported quarterly adjusted earnings of
34
fen​​ per share for the quarter , lower than the same quarter
last year, when the company reported EPS of 42 cents.  The mean
expectation of three analysts for the quarter was for earnings
of 27 fen per share. Wall Street expected results 
    * Revenue fell 6.7% to $1.54 billion from a year ago;
analysts
expected $1.53 billion. 
    * HUYA Inc's reported EPS for the quarter was 10 cents​.
    * The company reported quarterly net income of CNY23.61
million.
    * HUYA Inc shares had fallen by 21.7% this quarter and
gained 27.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 53.4%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the online
services
peer group is also "buy"

Wall Street's median 12-month price target for HUYA Inc is 4.70 
This summary was machine generated from LSEG data November 12 at
03:23 p.m. UTC. ​All figures in Chinese yuan renminbi unless
otherwise stated. (For questions concerning the data in this
report, contact Estimates.Support@lseg.com. For any other
questions or feedback, contact
RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 1 0001       0.27           0.34           Beat
 Jun. 30 2024      0.50           0.41           Missed
 Dec. 31 2023      -0.88          -0.79          Beat