DouYu International (DOYU) Expected to Announce Quarterly Earnings on Tuesday

DouYu International (NASDAQ:DOYU) is expected to be posting its quarterly earnings results before the market opens on Tuesday, March 25th. Analysts expect DouYu International to post earnings of ($2.18) per share and revenue of $1.05 billion for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

DouYu International (NASDAQ:DOYU) last issued its quarterly earnings data on Friday, March 14th. The company reported ($0.31) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.18) by $1.87. The business had revenue of $155.65 million during the quarter, compared to the consensus estimate of $1.05 billion. DouYu International had a negative return on equity of 2.92% and a negative net margin of 4.39%.

DouYu International Price Performance

Shares of DouYu International stock opened at $9.35 on Tuesday. DouYu International has a 1-year low of $6.29 and a 1-year high of $20.17. The company has a market capitalization of $295.80 million, a P/E ratio of -10.63 and a beta of 1.00. The business’s fifty day moving average price is $12.35 and its two-hundred day moving average price is $11.13.

DouYu International Increases Dividend

The business also recently disclosed a — dividend, which was paid on Thursday, February 20th. Investors of record on Monday, February 10th were paid a dividend of $9.94 per share. This is a boost from DouYu International’s previous — dividend of $9.71. The ex-dividend date of this dividend was Friday, February 21st.

Analyst Upgrades and Downgrades

Separately, HSBC raised shares of DouYu International from a “reduce” rating to a “hold” rating in a research note on Monday.

DouYu International Company Profile

DouYu International Holdings Limited, together with its subsidiaries, operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in the People’s Republic of China. Its platform connects game developers and publishers, professional eSports teams or players and eSports tournament organizers, advertisers, and viewers.