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

JOYY

18/11/2021 02:27

* JOYY Inc  YY.OQ  reported quarterly adjusted earnings of 42
cents​​ per share for the quarter ended in September. The mean
expectation of seven analysts for the quarter was for a loss
of 4 cents per share.
* Revenue fell 28.4% to $650.55 million from a year ago; 
analysts expected $621.45 million. 
* JOYY Inc's reported EPS for the quarter was 7 cents​.
* The mean earnings estimate of analysts had fallen by
about 116.9% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* JOYY Inc shares had risen by 0.9% this quarter and lost 30.9%
so far this year.
* The company reported quarterly net income of $5.29 million.
* Wall Street's median 12-month price target for JOYY Inc is
$81.80 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 22 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated November 18 at 02:27 a.m.
 ​All figures in US dollars unless otherwise stated