Joyy Inc Expected To Post Earnings Of 89 Cents A Share: Earnings Preview

JOYY

23/08/2024 21:19

* JOYY Inc  YY.OQ   YY.O  is expected to show a rise in
quarterly
revenue when it reports  results on August 27 for the period
ending June 30 2024
    * The  Singapore-based   company is expected to report a
1.9% increase in revenue to $558 million from $547.33 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.The company's guidance on May 28 2024, for the
period ended June 30, was for revenue between $538.00 million
and $569.00 million.
    * ​LSEG's mean analyst estimate for JOYY Inc is for earnings
of 89
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
$39.00​, above​ its last closing price of $34.20. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.82        0.81       1.02      Beat    25.9
 Dec. 31 2024  0.77        0.77       1.01      Beat    31.9
 Sep. 30 2023  0.67        0.69       1.22      Beat    76.8​
 Jan. 1 0001   0.41        0.40       1.29      Beat    220.5
 ​​Mar.        0.30        0.34       0.64      Beat    88.2
 31 2023                                                
 Jan. 1 0001   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
 This summary was machine generated August 23 at 20:19 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)