* HUYA Inc reported a quarterly adjusted loss of 79 fen per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of CNY-1.81. The mean expectation of three analysts for the quarter was for a loss of 88 fen per share. Wall Street expected results
* Revenue fell 35.7% to CNY1.53 billion from a year ago; analysts expected CNY1.51 billion.
* The company reported a quarterly loss of CNY274.97 million.
* HUYA Inc shares had risen by 29.0% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts was unchanged 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 4 "strong buy" or "buy," 5 "hold" and 3 "sell" or "strong sell."
* The average consensus recommendation for the online services peer group is also "hold"
Wall Street's median 12-month price target for HUYA Inc is $3.95 This summary was machine generated from LSEG data March 19 at 01:32 p.m. UTC. All figures in Chinese yuan renminbi 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 2023 -0.88 -0.79 Beat
Sep. 30 2023 -0.25 0.42 Beat
Jun. 30 2023 0.12 0.47 Beat
Mar. 31 2023 -0.01 0.35 Beat
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