Joyy Inc Expected To Post Earnings Of 81 Cents A Share: Earnings Preview

JOYY

24/05/2024 22:21

* JOYY Inc  YY.OQ   YY.O  is expected to show a fall in
quarterly
revenue when it reports  results on May 28 for the period ending
March 31 2024
    * The  Singapore-based   company is expected to report a
5.3% decrease in revenue to $552.667 million from $583.63
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.The company's guidance on March 18
2024, for the period ended March 31, was for revenue between
$543.00 million and $560.00 million.
    * ​LSEG's mean analyst estimate for JOYY Inc is for earnings
of 81
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 6
"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
$43.50​, above​ its last closing price of $32.46. ​​​

This summary was machine generated May 24 at 21:21 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)