HUYA Inc. (NYSE:HUYA) is set to announce third quarter earning results on Wednesday 11th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, HUYA to report 3Q20 income of $ 0.22 per share.
For the full year, analysts anticipate top line of $ 1677.15 million, while looking forward to income of $ 0.80 per share bottom line.
Previous Quarter Performance
HUYA Inc. outlined income for the second quarter of $ 0.21 per share, from the revenue of $ 381.77 million. The quarterly earnings extended 110.00 percent while revenues elevated 32.89 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.17 per share from $ 377.88 million in revenue. The bottom line results beat street analysts by $ 0.04 or 23.53 percent, at the same time, top line results outshined analysts by $ 3.89 million or 1.03 percent.
Stock Performance
Shares of HUYA Inc. traded low $ -1.11 or -5.28 percent on Tuesday, reaching $ 19.91 with volume of 5.91 million shares. HUYA Inc. has traded high as $ 21.23 and has cracked $ 19.75 on the downward trend
The closing price of $ 19.91, representing a 78.44 % increase from the 52 week low of $ 11.78 and a 31.35 % decrease over the 52 week high of $ 30.62.
The company has a market capital of $ 4.43 billion and is part of the Consumer Cyclical sector and Media – Diversified industry.
Conference Call
HUYA Inc. will be hosting a conference call at 7:00 AM eastern time on 11th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.huya.com
HUYA Inc., through its subsidiaries, operates game live streaming platforms in the Peoples Republic of China. Its platforms enable broadcasters and viewers to interact during live streaming. Its live streaming content covers a library of games, including mobile, PC, and console games; and other entertainment genres, such as talent shows, anime, and outdoor activities.
