Douyu International Holdings Ltd reports results for the quarter ended September 30 - Earnings Summary

Reuters11-20
Douyu International Holdings Ltd reports results for the quarter ended September 30 - Earnings Summary
  • Douyu International Holdings Ltd DOYU.OQ reported a quarterly adjusted loss of CNY1.32​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of CNY2.20. The lone analyst forecast for the quarter was for a loss of CNY1.92 per share.

  • Revenue fell 21.8% to CNY1.06 billion from a year ago; analysts expected CNY966.28 million.

  • Douyu International Holdings Ltd shares had fallen by 8.7% this quarter and gained 116.0% so far this year.

FORECAST CHANGES

  • 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 no "strong buy" or "buy," 4 "hold" and 2 "sell" or "strong sell."

  • The average consensus recommendation for the online services peer group is "sell."

Wall Street's median 12-month price target for Douyu International Holdings Ltd is $7.35

This summary was machine generated from LSEG data November 20 at 02:31 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

Sep. 30 2024

-1.92

-1.32

Beat

Dec. 31 2023

-1.64

-0.20

Beat

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