Joyy Inc Expected To Post Earnings Of 20 Cents A Share: Earnings Preview

JOYY

26/08/2022 22:03

* JOYY Inc  YY.OQ   YY.O  is expected to show a fall in
quarterly
revenue when it reports  results on August 29. 
    * The  Singapore-based   company is expected to report  a
9.3% decrease in revenue to $600.022 million from $661.57
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for JOYY Inc is for
earnings
of 20 cents per share. For the same quarter last year, the
company reported a loss of 1 cent per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for JOYY Inc is
$55​,
above​ its last closing price of $31.30. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.31        0.27       -0.30     Missed  -210.6
 Dec. 31 2022  0.37        0.36       1.15      Beat    219.4
 Sep. 30 2021  -0.07       -0.04      0.42      Beat    1,188.
                                                        9​
 Jun. 30 2021  -0.30       -0.18      -0.01     Beat    94.4
 ​​Mar.        -0.14       -0.11      -0.30     Missed  -163.4
 31 2021                                                
 Dec. 31 2020  1.07        1.15       -0.28     Missed  -124.9
                                                        ​
 Sep. 30 2020  0.99        0.99       1.29      Beat    34.5
 Jun. 30 2020  0.64        0.68       0.79      Beat    16.5
 This summary was machine generated August 26 at 21:03 GMT.  All
figures in US dollars  unless otherwise stated