Joyy Inc Expected To Post Earnings Of 77 Cents A Share: Earnings Preview

JOYY

15/03/2024 20:06

* JOYY Inc  YY.OQ   YY.O  is expected to show a fall in
quarterly
revenue when it reports  results on March 18 for the period
ending December 31 2023
    * The  Singapore-based   company is expected to report a
7.7% decrease in revenue to $558.303 million from $604.91
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.The company's guidance on November
29 2023, for the period ended December 31, was for revenue
between $551.00 million and $579.00 million.
    * ​LSEG's mean analyst estimate for JOYY Inc is for earnings
of 77
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 5
"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
$46.00​, above​ its last closing price of $31.87. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.67        0.69       1.22      Beat    76.8
 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.        0.31        0.39       0.96      Beat    145.3
 30 2022                                                
 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
 This summary was machine generated March 15 at 20:06 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)