JOYY (NASDAQ:YY – Get Free Report) will be posting its quarterly earnings results after the market closes on Tuesday, May 28th. Analysts expect JOYY to post earnings of $0.75 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.
JOYY (NASDAQ:YY – Get Free Report) last announced its earnings results on Monday, March 18th. The information services provider reported $0.77 EPS for the quarter, topping the consensus estimate of $0.64 by $0.13. The firm had revenue of $569.84 million for the quarter, compared to the consensus estimate of $572.51 million. JOYY had a net margin of 13.31% and a return on equity of 5.13%. During the same period last year, the company posted $0.49 EPS. On average, analysts expect JOYY to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
JOYY Stock Performance
Shares of YY stock opened at $32.54 on Friday. JOYY has a 52 week low of $24.12 and a 52 week high of $43.20. The company has a market capitalization of $1.98 billion, a P/E ratio of 6.55 and a beta of 0.35. The company’s 50 day moving average price is $32.90 and its two-hundred day moving average price is $34.39.
Analysts Set New Price Targets
Check Out Our Latest Research Report on JOYY
JOYY Company Profile
JOYY Inc, together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video-based social platforms. It operates through two segments, BIGO and All Other. The company operates Bigo Live, a social live streaming platform, that provides an interactive online stage for users to host and watch live streaming sessions, share their life moments, showcase their talents, and interact with people worldwide; Likee, a short-form video social platform, which enables users to discover, create, and share short videos, with video creation tools and personalized feeds; imo, an instant messenger platform, that provides audio and video communication services; Hago, a social networking platform that offers casual games integrating social features, such as audio and video multi-user chatrooms and 3D virtual interactive party games; and Shopline, a smart commerce platform, that provides solutions and services to enable merchants in creating and growing their brands online and reach customers through various sales channels, including e-commerce platforms, social commerce, and physical retail stores.
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