The second quarter financial results of JOYY, Inc. (NASDAQ: YY) will be unveiled on Tuesday 27th August 2024. This eagerly awaited announcement is scheduled to occur after market close.
The financial experts on Wall Street are predicting that the firm will likely report an estimated $0.89 profit per share for the second quarter. Additionally, it is anticipated that the company will reveal a $558 million revenue during the quarter.
During the same quarter of the previous year, the company made public its income of $1.29 per share, which were derived from a quarterly revenue of $547.33 million.
Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $2.28 billion. Furthermore, they expect the business to achieve profit of $3.65 per share during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $1.02 | +59.4% | 564.56 M | -3.3% |
| Q4 2023 | $1.01 | +55.4% | 569.84 M | -2.9% |
| Q3 2023 | $1.22 | +27.1% | 567.10 M | -3.3% |
| Q2 2023 | $1.29 | +98.5% | 547.33 M | -8.2% |
*Growth on year-over-year basis
The business has scheduled a conference call on 27th August 2024 at 09:00 PM eastern time to discuss Q2 financial results.
Friday's trading saw JOYY (YY) shares hit a low of $34.03 and a high of $34.76, with a day volume of 257.20 thousand shares. The stock closed the regular trading session at $34.23, reflecting 0.09 percent gain.
