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

JOYY

29/11/2022 01:43

* JOYY Inc  YY.OQ  reported quarterly adjusted earnings of
96
cents​​ per share for the quarter ended in September. The mean
expectation of eight analysts for the quarter was for earnings
of 39 cents per share.
    * Revenue fell 9.8% to $586.73 million from a year ago;
analysts
expected $607.98 million. 
    * JOYY Inc's reported EPS for the quarter was $7.12​.
    * The mean earnings estimate of analysts had fallen by
about 4.6%
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 4.3% this quarter and
lost 40.3% so
far this year.
    * The company reported quarterly net income of $512.86
million.
    * Wall Street's median 12-month price target for JOYY Inc is
$50.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
29 at 01:43 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.39           0.96           Beat
 Jun. 30 2022      0.20           0.65           Beat
 Mar. 31 2022      0.27           0.28           Beat
 Dec. 31 2021      0.36           1.15           Beat