Webtoon Entertainment Inc expected to post a loss of 42 cents a share - Earnings Preview

Webtoon Entertainment

06/11/2024 14:25

* Webtoon Entertainment Inc  WBTN.OQ   WBTN.O  is expected
to report resultson November 7 for the period ending September
30 2024
    * The Los Angeles California-based  company is expected to
report
revenue of $336.109 million, according to the mean estimate from
6 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Webtoon Entertainment
Inc is
for a loss of 42 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Webtoon
Entertainment Inc is $23.00​, above​ its last closing price
of $11.26. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.72       -0.72      0.20      Beat    127.9
 Mar. 31 2024  0.09        0.09                         
                                                        ​
 ​​                                                     
                                                        ​
 This summary was machine generated November 6 at 14:25 GMT.  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)