Douyu International Holdings Ltd expected to post a loss of CNY1.92 a share - Earnings Preview

Reuters11-18

Douyu International Holdings Ltd <doyu.oq> expected to post a loss of CNY1.92 a share - Earnings Preview </doyu.oq>

Douyu International Holdings Ltd DOYU.OQ, DOYU.O is expected to show a fall in quarterly revenue when it reports results on November 20 for the period ending September 30 2024
The Wuhan Hubei-based company is expected to report a 28.9% decrease in revenue to CNY966.28 million from CNY1.36 billion a year ago, according to the estimate from one analyst, based on LSEG data.
LSEG's mean analyst estimate for Douyu International Holdings Ltd is for a loss of CNY1.92 per share.
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, below its last closing price of $10.42.

This summary was machine generated November 18 at 13:41 GMT. 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)

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