HUYA (HUYA) Set to Announce Earnings on Thursday

HUYA (NYSE:HUYA) will be posting its quarterly earnings results after the market closes on Thursday, May 16th. HUYA has set its Q1 2019 guidance at EPS.

HUYA (NYSE:HUYA) last released its earnings results on Monday, March 4th. The company reported $0.07 EPS for the quarter. HUYA had a positive return on equity of 19.51% and a negative net margin of 42.15%. The business had revenue of $218.88 million for the quarter.

Shares of NYSE:HUYA opened at $21.99 on Monday. HUYA has a 12-month low of $14.44 and a 12-month high of $50.82. The stock has a market cap of $4.43 billion and a PE ratio of 188.17.

A number of analysts have recently weighed in on the stock. UBS Group upgraded shares of HUYA from a “neutral” rating to a “buy” rating and set a $31.00 target price for the company in a report on Wednesday, May 8th. Tigress Financial assumed coverage on shares of HUYA in a report on Friday, April 26th. They set a “buy” rating for the company. Credit Suisse Group set a $29.00 target price on shares of HUYA and gave the stock a “buy” rating in a report on Tuesday, March 5th. Finally, Daiwa Capital Markets assumed coverage on shares of HUYA in a report on Monday, January 14th. They set a “neutral” rating for the company. One analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $31.33.

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HUYA Company Profile

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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