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

HUYA

13/08/2024 15:21

* HUYA Inc  HUYA.N  reported quarterly adjusted earnings of
41
fen​​ per share for the quarter ended in June, lower than the
same quarter last year, when the company reported EPS of 47
fen.  The mean expectation of three analysts for the quarter was
for earnings of 50 fen per share. Wall Street expected
results to range from 45 fen to 55 fen per share.
    * Revenue fell 15.4% to $1.54 billion from a year ago;
analysts
expected $1.56 billion. 
    * HUYA Inc's reported EPS for the quarter was 13 fen​.
    * The company reported quarterly net income of CNY29.6
million.
    * HUYA Inc shares had risen by 12.9% this quarter and
gained 42.4%
so far this year.

FORECAST CHANGES
    * 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 "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and 1 "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 $5.70
This summary was machine generated from LSEG data August 13 at
02:21 p.m. UTC. ​All figures in US dollars 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
 Jun. 30 2024      0.50           0.41           Missed
 Dec. 31 2023      -0.88          -0.79          Beat
 Sep. 30 2023      -0.25          0.42           Beat