Joyy Inc Expected To Post Earnings Of 40 Cents A Share: Earnings Preview

JOYY

25/08/2023 21:06

* 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
10.0% decrease in revenue to $536.378 million from $596.1
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on May
30 2023, for the period ended June 30, was for revenue between
$520.00 million and $541.00 million.
    * ​Refinitiv's mean analyst estimate for JOYY Inc is for
earnings
of 40 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 18 "strong buy" or "buy," 3
"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
$42.95​, above​ its last closing price of $32.54. ​​​

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 2023  0.30        0.34       0.64      Beat    88.2
 Dec. 31 2023  0.24        0.24       0.65      Beat    168.6
 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.        0.31        0.27       0.28      Beat    3.3
 31 2022                                                
 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
 This summary was machine generated August 25 at 20:05 GMT.  All
figures in US dollars  unless otherwise stated