Joyy Inc Expected To Post Earnings Of 24 Cents A Share: Earnings Preview

JOYY

10/03/2023 23:56

* JOYY Inc  YY.OQ   YY.O  is expected to show a fall in
quarterly
revenue when it reports  results on March 13 (estimated). 
    * The  Singapore-based   company is expected to report  a
9.3% decrease in revenue to $601.654 million from $663.71
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
November 28 2022, for the period ended December 31, was for
revenue between $594.00 million and $619.00 million.
    * ​Refinitiv's mean analyst estimate for JOYY Inc is for
earnings
of 24 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 17 "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
$49​,
above​ its last closing price of $28.44. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.31        0.39       0.96      Beat    145.3
 Jun. 30 2022  0.21        0.20       0.65      Beat    221.8
 Mar. 31 2022  0.31        0.27       0.28      Beat    3.3​
 Dec. 31 2021  0.37        0.36       1.15      Beat    219.4
 ​​Sep.        -0.07       -0.04      0.42      Beat    1,188.
 30 2021                                                9
 Jun. 30 2021  -0.30       -0.18      -0.01     Beat    94.4​
 Mar. 31 2021  -0.14       -0.11      -0.30     Missed  -163.4
 Dec. 31 2020  1.07        1.15       -0.28     Missed  -124.9
 This summary was machine generated March 10 at 23:56 GMT.  All
figures in US dollars  unless otherwise stated