Youku Tudou Inc (YOKU) Scheduled to Post Quarterly Earnings on Tuesday
Youku Tudou Inc (NASDAQ:YOKU) is set to announce its Q214 earnings results on Tuesday, August 19th. Analysts expect the company to announce earnings of ($0.34) per share and revenue of $980.65 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.
Youku Tudou Inc (NASDAQ:YOKU) last posted its quarterly earnings results on Thursday, May 22nd. The company reported ($0.14) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.20) by $0.06. The company had revenue of $112.70 million for the quarter. During the same quarter in the prior year, the company posted ($0.23) earnings per share. The company’s quarterly revenue was up 36.0% on a year-over-year basis. On average, analysts expect Youku Tudou Inc to post $-1.71 EPS for the current fiscal year and $1.32 EPS for the next fiscal year.
Shares of Youku Tudou Inc (NASDAQ:YOKU) opened at 21.81 on Monday. Youku Tudou Inc has a 52 week low of $17.77 and a 52 week high of $37.74. The stock’s 50-day moving average is $20.91 and its 200-day moving average is $24.50. The company’s market cap is $3.672 billion.
Several analysts have recently commented on the stock. Analysts at TheStreet downgraded shares of Youku Tudou Inc from a “hold” rating to a “sell” rating in a research note on Thursday, June 12th. On a related note, analysts at Goldman Sachs initiated coverage on shares of Youku Tudou Inc in a research note on Wednesday, June 4th. They set a “neutral” rating on the stock. Finally, analysts at Macquarie reiterated an “outperform” rating on shares of Youku Tudou Inc in a research note on Tuesday, May 27th. They now have a $30.00 price target on the stock, down previously from $36.00. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $27.83.
Youku Tudou Inc (NASDAQ:YOKU), formerly Youku Inc, is an Internet television company in the People’s Republic of China.
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