Joyy Inc Expected To Post Earnings Of 69 Cents A Share: Earnings Preview

JOYY

27/11/2023 21:11

* JOYY Inc  YY.OQ   YY.O  is expected to show a fall in
quarterly
revenue when it reports  results  for the period ending June
30 2023
    * The  Singapore-based   company is expected to report a
7.5% decrease in revenue to $542.89 million from $586.73 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.The company's guidance on August 29 2023, for
the period ended September 30, was for revenue between $537.00
million and $567.00 million.
    * ​LSEG's mean analyst estimate for JOYY Inc is for earnings
of 69
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "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
$44.20​, above​ its last closing price of $41.68. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2023  0.41        0.40       1.29      Beat    220.5
 Mar. 31 2023  0.30        0.34       0.64      Beat    88.2
 Dec. 31 2022  0.24        0.24       0.65      Beat    168.6​
 Sep. 30 2022  0.31        0.39       0.96      Beat    145.3
 ​​Jun.        0.21        0.20       0.65      Beat    221.8
 30 2022                                                
 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. 30 2021  -0.07       -0.04      0.42      Beat    1,188.
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 This summary was machine generated November 27 at 21:10 GMT. 
All figures in US dollars unless otherwise stated