A Preview of HUYA’s Earnings – HUYA (NYSE:HUYA)

COME ON COME ON is scheduled to deliver its latest quarterly earnings report on Tuesday 2024-03-19. Here’s what investors need to know ahead of the announcement.

Analysts estimate that HUYA will report a earning per share (EPS) of $-0.12.

HUYA bulls are hoping to hear the company announce not only that it beat that estimate, but also provide positive guidance, or expected growth, for the next quarter.

New investors should keep in mind that sometimes it’s not the beat or miss that most influences a stock’s price, but the direction (or forecast).

Historical earnings performance

In the last quarter the company beat EPS of $0.09, followed by a 4.08% increase in the stock price the next day.

Here’s a look at HUYA’s past performance and resulting price change:

Quarter Third quarter 2023 Second quarter 2023 First quarter 2023 Fourth quarter 2022
EPS estimate -0.03 0.01 0 -0.30
Actual EPS 0.06 0.06 0.05 -0.26
Price change % 4.0% -3.0% -0.0% -0.0%

Stock performance

HUYA shares were trading at $4.44 as of March 15. Over the past 52 weeks, shares have risen 36.75%. Given that these returns are generally positive, long-term shareholders should be satisfied ahead of the earnings release.

To keep track of all earnings releases for HUYA, visit their earnings calendar on our site.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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