Bilibili (BILI) Expected to Announce Earnings on Thursday

Bilibili (NASDAQ:BILIGet Free Report) 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:BILIGet Free Report) 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.

Read Our Latest Research Report on Bilibili

Bilibili Company Profile

(Get Free Report)

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.

Recommended Stories

Earnings History for Bilibili (NASDAQ:BILI)

Receive News & Ratings for Bilibili Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bilibili and related companies with MarketBeat.com's FREE daily email newsletter.