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

JOYY

27/05/2025 02:12

JOYY Inc JOYY.OQ reported quarterly adjusted earnings of $1.18​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.02.  The mean expectation of two analysts for the quarter was for earnings of 84 cents per share. Wall Street expected results to range from 83 cents to 85 cents per share.

Revenue fell 12.4% to $494.35 million from a year ago; analysts expected $486.90 million.

The company reported quarterly net income of $1.92 billion.

JOYY Inc shares had risen by 4.2% this quarter and gained 4.5% so far this year.

FORECAST CHANGES

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 3 "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 $56.55

This summary was machine generated from LSEG data May 27 at 01:12 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 ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.84
1.18
Beat
Dec. 31 2024
1.18
1.77
Beat
Sep. 30 2024
0.94
1.07
Beat
Jun. 30 2024
0.89
1.17
Beat