HUYA Inc reports results for the quarter - Earnings Summary

Reuters11-12

* HUYA Inc reported quarterly adjusted earnings of 34 fen​​ per share for the quarter , lower than the same quarter last year, when the company reported EPS of 42 cents. The mean expectation of three analysts for the quarter was for earnings of 27 fen per share. Wall Street expected results

* Revenue fell 6.7% to $1.54 billion from a year ago; analysts expected $1.53 billion.

* HUYA Inc's reported EPS for the quarter was 10 cents​.

* The company reported quarterly net income of CNY23.61 million.

* HUYA Inc shares had fallen by 21.7% this quarter and gained 27.4% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had fallen by about 53.4% in the last three months.​

* In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 6 "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 HUYA Inc is 4.70 This summary was machine generated from LSEG data November 12 at 03:23 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

Jan. 1 0001 0.27 0.34 Beat

Jun. 30 2024 0.50 0.41 Missed

Dec. 31 2023 -0.88 -0.79 Beat

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