HUYA (HUYA) Set to Announce Earnings on Tuesday

HUYA (NYSE:HUYA) is scheduled to post its quarterly earnings results before the market opens on Tuesday, November 12th. Analysts expect HUYA to post earnings of $0.04 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

HUYA (NYSE:HUYA) last released its quarterly earnings results on Tuesday, August 13th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.35. HUYA had a positive return on equity of 0.53% and a negative net margin of 2.69%. The company had revenue of $1.54 billion during the quarter, compared to analysts’ expectations of $1.55 billion. During the same quarter in the prior year, the business posted $0.05 earnings per share. The company’s revenue for the quarter was down 16.1% compared to the same quarter last year. On average, analysts expect HUYA to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

HUYA Stock Down 2.4 %

Shares of NYSE HUYA opened at $3.22 on Friday. The business has a fifty day simple moving average of $4.15 and a 200-day simple moving average of $4.40. The company has a market cap of $750.52 million, a price-to-earnings ratio of -35.78 and a beta of 0.62. HUYA has a 12 month low of $2.92 and a 12 month high of $6.84.

HUYA Increases Dividend

The firm also recently announced a — dividend, which was paid on Friday, October 25th. Shareholders of record on Wednesday, October 9th were issued a $1.06 dividend. The ex-dividend date was Wednesday, October 9th. This is a positive change from HUYA’s previous — dividend of $0.64.

Analyst Ratings Changes

Several equities analysts have issued reports on HUYA shares. Citigroup upgraded HUYA from a “sell” rating to a “buy” rating and lifted their price objective for the company from $2.40 to $6.00 in a research report on Wednesday, August 14th. Hsbc Global Res cut HUYA from a “strong-buy” rating to a “hold” rating in a research report on Friday, October 11th. HSBC reiterated a “hold” rating and set a $4.70 target price on shares of HUYA in a research note on Friday, October 11th. Finally, Bank of America lowered HUYA from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $5.80 to $4.00 in a research note on Wednesday. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $5.93.

HUYA Company Profile

HUYA Inc, together with its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company's live streaming content also covers other entertainment content, such as talent shows, anime, outdoor activities, live chats, and other genres.