Bilibili (BILI) Expected to Announce Earnings on Thursday

Bilibili (NASDAQ:BILI) is anticipated to post its quarterly earnings results before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of $0.19 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Bilibili (NASDAQ:BILI) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.02. Bilibili had a negative return on equity of 8.23% and a negative net margin of 5.01%. The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.05 billion. On average, analysts expect Bilibili to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Bilibili Price Performance

Shares of BILI stock opened at $21.18 on Thursday. Bilibili has a fifty-two week low of $9.63 and a fifty-two week high of $31.77. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.05 and a current ratio of 1.34. The firm has a market capitalization of $8.78 billion, a price-to-earnings ratio of -47.07 and a beta of 0.81. The stock’s 50-day simple moving average is $18.32 and its 200-day simple moving average is $18.72.

Analyst Upgrades and Downgrades

Several analysts have weighed in on BILI shares. Mizuho boosted their target price on shares of Bilibili from $17.00 to $21.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. Daiwa America upgraded shares of Bilibili from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 8th. Benchmark upped their target price on Bilibili from $24.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Daiwa Capital Markets raised Bilibili from a “neutral” rating to a “buy” rating in a research report on Friday, November 8th. Finally, Barclays increased their price objective on Bilibili from $24.00 to $25.00 and gave the company an “overweight” rating in a report on Friday, February 21st. Three equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $20.33.

Bilibili Company Profile

Bilibili Inc provides online entertainment services for the young generations in the People's Republic of China. It offers a range of digital content, including professional user generated videos, mobile games, and value-added services, such as live broadcasting, occupationally generated videos, audio drama on Maoer, and comics on Bilibili Comic.