Webtoon Entertainment Inc reports results for the quarter ended December 31 - Earnings Summary

Webtoon Entertainment

26/02/2025 07:31

Webtoon Entertainment Inc WBTN.OQ reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended December 31.  The mean expectation of six analysts for the quarter was for a loss of 34 cents per share. Wall Street expected results to range from -73 cents to -8 cents per share.

Revenue was $352.85 million​; analysts expected $354.43 million.

Webtoon Entertainment Inc's reported EPS for the quarter was a loss of 72 cents​.

The company reported a quarterly loss of $92.97 million.

Webtoon Entertainment Inc shares had fallen by 26.1% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 159% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

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 average consensus recommendation for the online services peer group is also "buy"

Wall Street's median 12-month price target for Webtoon Entertainment Inc is $20.25

This summary was machine generated from LSEG data February 26 at 07:31 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
Dec. 31 2024
-0.34
-0.03
Beat
Sep. 30 2024
-0.42
0.22
Beat
Jun. 30 2024
-0.72
0.20
Beat
Mar. 31 2024
0.09