Bilibili (NASDAQ:BILI - Get Free Report) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, November 14th. Analysts expect the company to announce earnings of $0.10 per share for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.
Bilibili (NASDAQ:BILI - Get Free Report) last released its earnings results on Thursday, August 22nd. The company reported ($0.65) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.10) by ($0.55). Bilibili had a negative net margin of 16.71% and a negative return on equity of 22.44%. The business had revenue of $6.13 billion during the quarter, compared to analyst estimates of $6.10 billion. During the same period last year, the business earned ($0.43) EPS. The business's quarterly revenue was up 15.5% compared to the same quarter last year. On average, analysts expect Bilibili to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Bilibili Stock Up 8.9 %
Shares of BILI stock traded up $1.97 during trading hours on Thursday, reaching $24.13. 7,431,126 shares of the company's stock were exchanged, compared to its average volume of 6,797,773. The business has a fifty day moving average price of $19.92 and a 200-day moving average price of $16.64. The stock has a market capitalization of $10.00 billion, a P/E ratio of -18.01 and a beta of 0.86. Bilibili has a fifty-two week low of $8.80 and a fifty-two week high of $31.77.
Analyst Upgrades and Downgrades
BILI has been the subject of several research analyst reports. Morgan Stanley started coverage on shares of Bilibili in a research note on Wednesday, September 25th. They set an "equal weight" rating and a $20.00 target price for the company. Nomura Securities upgraded shares of Bilibili from a "hold" rating to a "strong-buy" rating in a research note on Thursday, August 22nd. Nomura raised Bilibili from a "neutral" rating to a "buy" rating and set a $18.00 target price on the stock in a research report on Thursday, August 22nd. Bank of America upped their price target on Bilibili from $19.00 to $22.50 and gave the company a "buy" rating in a report on Friday, October 25th. Finally, The Goldman Sachs Group raised Bilibili from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $16.50 to $22.60 in a report on Thursday, September 26th. Five research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $18.15.
View Our Latest Stock Analysis on BILI
About Bilibili
(
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Bilibili Inc provides online entertainment services for the young generations in the People's Republic of China. It offers a range of digital content, including professional user generated videos, mobile games, and value-added services, such as live broadcasting, occupationally generated videos, audio drama on Maoer, and comics on Bilibili Comic.
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