Joyy Inc Expected To Post Earnings Of 27 Cents A Share: Earnings Preview

JOYY

27/05/2022 21:37

* JOYY Inc  YY.OQ   YY.O  is expected to show a fall in
quarterly
revenue when it reports  results on May 31. 
    * The  Singapore-based   company is expected to report  a
5.2% decrease in revenue to $609.583 million from $643.08
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for JOYY Inc is for
earnings
of 27 cents per share. For the same quarter last year, the
company reported a loss of 30 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 2
"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
$63​,
above​ its last closing price of $40.78. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  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. 31 2021  -0.14       -0.11      -0.30     Missed  -163.4
 ​​Dec.        1.07        1.15       -0.28     Missed  -124.9
 31 2020                                                
 Sep. 30 2020  0.99        0.99       1.29      Beat    34.5​
 Jun. 30 2020  0.64        0.68       0.79      Beat    16.5
 Mar. 31 2020  0.55        0.55       0.69      Beat    23.1
 This summary was machine generated May 27 at 20:37 GMT.  All
figures in US dollars  unless otherwise stated