Weibo WB unveils its next round of earnings Wednesday. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement
Earnings and Revenue
Analysts covering Weibo modeled for quarterly EPS of 66 cents on revenue of $424.23 million.
Weibo earnings in the same period a year ago was 38 cents. Quarterly sales came in at $253.37 million. If the company were to match the consensus estimate when it reports Wednesday, EPS would be up 73.68 percent. Sales would be have grown 67.43 percent from the same quarter last year. Weibo's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
EPS Estimate | 0.47 | 0.58 | 0.36 | |
EPS Actual | 0.5 | 0.64 | 0.51 | 0.38 |
Stock Performance
Over the last 52-week period, shares of Weibo are up 5.5 percent. Over the past 90 days, analysts have generally adjusted their estimates higher for EPS and revenues. The most common rating by analysts on Weibo stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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