Huya Inc Reports Results For The Quarter Ended In December: Earnings Summary

HUYA

19/03/2024 13:32

* HUYA Inc  HUYA.N  reported a quarterly adjusted loss of 79
fen​​
per share for the quarter ended in December, higher than the
same quarter last year, when the company reported EPS of
CNY-1.81.  The mean expectation of three analysts for the
quarter was for a loss of 88 fen per share. Wall Street expected
results 
    * Revenue fell 35.7% to CNY1.53 billion from a year ago;
analysts
expected CNY1.51 billion. 
    * The company reported a quarterly loss of CNY274.97
million.
    * HUYA Inc shares had risen by 29.0% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and 3 "sell" or "strong sell." 
    * The average consensus recommendation for the online
services
peer group is also "hold"

Wall Street's median 12-month price target for HUYA Inc is $3.95
This summary was machine generated from LSEG data March 19 at
01:32 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
 Dec. 31 2023      -0.88          -0.79          Beat
 Sep. 30 2023      -0.25          0.42           Beat
 Jun. 30 2023      0.12           0.47           Beat
 Mar. 31 2023      -0.01          0.35           Beat