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YY Inc. (NASDAQ:YY) unveils its next round of earnings this Monday, Nov. 12. Here is Benzinga's everything-that-matters guide for the Q3 earnings announcement
Earnings and Revenue
Analysts predict YY will report earnings of $1.67 per share on revenue of $576.86 million.
In the same quarter last year, YY reported earnings per share of $1.59 on revenue of $464.77 million. The analyst consensus estimate would represent a 5.03 percent increase in the company's EPS figure. Sales would be up 24.12 percent from the year-ago period. YY's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q2 2018 | Q1 2018 | Q4 2017 | Q3 2017 |
| EPS Estimate | 1.77 | 1.57 | 1.84 | 1.45 |
| EPS Actual | 2.03 | 1.72 | 2.27 | 1.59 |
Stock Performance
Over the last 52-week period, shares are down 27.6 percent. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on YY stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
YY's Q3 conference call is scheduled to begin at 9:00 a.m. ET and can be accessed here: https://edge.media-server.com/m6/p/wm35racq
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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