Joyy Inc Reports Results For The Quarter Ended In March: Earnings Summary

JOYY

01/06/2022 02:28

* JOYY Inc  YY.OQ  reported a quarterly adjusted loss of 30
cents​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for earnings of
27 cents per share.
    * Revenue rose 0% to $643.08 million from a year ago; 
analysts
expected $609.58 million. 
    * JOYY Inc's reported EPS for the quarter was a loss of
$1.13​.
    * The mean earnings estimate of analysts had risen by
about 146.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * JOYY Inc shares had risen by 9.2% this quarter and
lost 11.7% so
far this year.
    * The company reported a quarterly loss of $89.69 million.
    * Wall Street's median 12-month price target for JOYY Inc is
$63.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated June 1 at 01:27 a.m.  ​All
figures in US dollars unless otherwise stated