Joyy Inc Expected To Post Earnings Of 94 Cents A Share: Earnings Preview

JOYY

22/11/2024 21:02

* JOYY Inc  YY.OQ   YY.O  is expected to show a fall in
quarterly
revenue when it reports  results on November 26 for the period
ending September 30 2024
    * The  Singapore-based   company is expected to report a
1.0% decrease in revenue to $561.6 million from $567.07 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.The company's guidance on August 27 2024, for
the period ended September 30, was for revenue between $555.00
million and $569.00 million.
    * ​LSEG's mean analyst estimate for JOYY Inc is for earnings
of 94
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "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
$40.00​, above​ its last closing price of $36.03. ​​​

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 2024  0.88        0.89       1.17      Beat    31.1
 Mar. 31 2024  0.82        0.81       1.02      Beat    25.9
 Dec. 31 2023  0.77        0.77       1.01      Beat    31.9​
 Sep. 30 2023  0.67        0.69       1.22      Beat    76.8
 ​​Jun.        0.41        0.40       1.29      Beat    220.5
 30 2023                                                
 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
 This summary was machine generated November 22 at 21:02 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)