Equities research analysts expect that HUYA Inc – (NYSE:HUYA) will post sales of $255.68 million for the current quarter, according to Zacks. Two analysts have provided estimates for HUYA’s earnings. The highest sales estimate is $256.33 million and the lowest is $255.02 million. HUYA posted sales of $156.92 million during the same quarter last year, which suggests a positive year over year growth rate of 62.9%. The company is scheduled to report its next quarterly earnings results on Monday, August 12th.
According to Zacks, analysts expect that HUYA will report full-year sales of $1.07 billion for the current year, with estimates ranging from $1.07 billion to $1.08 billion. For the next year, analysts anticipate that the firm will report sales of $1.43 billion. Zacks’ sales calculations are a mean average based on a survey of analysts that cover HUYA.
HUYA (NYSE:HUYA) last announced its quarterly earnings data on Thursday, May 16th. The company reported $0.04 earnings per share for the quarter. The firm had revenue of $243.10 million during the quarter, compared to analysts’ expectations of $227.35 million. HUYA had a positive return on equity of 4.60% and a negative net margin of 35.91%.
Several institutional investors have recently bought and sold shares of HUYA. Daiwa Securities Group Inc. increased its holdings in HUYA by 44.1% in the 1st quarter. Daiwa Securities Group Inc. now owns 2,940 shares of the company’s stock worth $83,000 after purchasing an additional 900 shares in the last quarter. Citigroup Inc. increased its holdings in HUYA by 932.5% in the 4th quarter. Citigroup Inc. now owns 8,033 shares of the company’s stock worth $124,000 after purchasing an additional 7,255 shares in the last quarter. Blueshift Asset Management LLC acquired a new position in HUYA in the 4th quarter worth about $183,000. Bank of Montreal Can acquired a new position in HUYA in the 1st quarter worth about $184,000. Finally, National Asset Management Inc. acquired a new position in HUYA in the 1st quarter worth about $233,000. 15.89% of the stock is owned by institutional investors.
Shares of NYSE HUYA opened at $23.40 on Wednesday. The firm has a market cap of $4.88 billion and a PE ratio of 234.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.22 and a quick ratio of 4.22. The firm has a fifty day moving average of $22.23. HUYA has a fifty-two week low of $14.44 and a fifty-two week high of $40.60.
HUYA Inc, through its subsidiaries, operates game live streaming platforms in the People's Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. The company also provides advertising and online game-related services. As of December 31, 2017, its live streaming content covered approximately 2,600 games, including mobile, PC, and console games.
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