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Joyy Inc Reports Results For The Quarter Ended December 31: Earnings Summary

JOYY Inc YY.OQ reported quarterly adjusted earnings of $1.77​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.01.  The mean expectation of five analysts for the quarter was for earnings of $1.18 per share. Wall Street expected results to range from 98 cents to $1.30 per share.

Revenue fell 3.6% to $549.45 million from a year ago; analysts expected $549.46 million.

JOYY Inc's reported EPS for the quarter was a loss of $5.67​.

The company reported a quarterly loss of $304.49 million.

JOYY Inc shares had risen by 14.0% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2.8% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

The average consensus recommendation for the online services peer group is also "buy"

Wall Street's median 12-month price target for JOYY Inc is $57.10

This summary was machine generated from LSEG data March 20 at 03:21 a.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 20241.181.77Beat
Sep. 30 20240.941.07Beat
Jun. 30 20240.891.17Beat
Mar. 31 20240.811.02Beat

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