Webtoon Entertainment Inc reports results for the quarter ended June 30 - Earnings Summary
Webtoon Entertainment Inc reports results for the quarter ended June 30 - Earnings Summary
Webtoon Entertainment Inc WBTN.OQ reported a quarterly adjusted loss of 11 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of -3 cents. The mean expectation of six analysts for the quarter was for a loss of 7 cents per share. Wall Street expected results to range from -10 cents to -3 cents per share.
Revenue fell 2.8% to $338.47 million from a year ago; analysts expected $339.46 million.
Webtoon Entertainment Inc's reported EPS for the quarter was a loss of 11 cents.
The company reported a quarterly loss of $15.25 million.
Webtoon Entertainment Inc shares had fallen by 21.8% this quarter and lost 31.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 70.6% in the last three months.
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 "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the online services peer group is "buy."
Wall Street's median 12-month price target for Webtoon Entertainment Inc is $12.50, about 28.6% above its last closing price of $8.93
This summary was machine generated from LSEG data August 10 at 09:50 p.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 |
Jun. 30 2026 | -0.07 | -0.11 | Missed |
Mar. 31 2026 | -0.10 | -0.07 | Beat |
Dec. 31 2025 | -0.15 | -2.36 | Missed |
Sep. 30 2025 | -0.12 | -0.09 | Beat |
Recent news on Webtoon Entertainment
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