Bilibili (NASDAQ:BILI - Get Free Report) will announce its earnings results 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 wish to listen to the company's conference call can do so using this link.
Bilibili (NASDAQ:BILI - Get Free Report) last posted its quarterly earnings data on Thursday, August 22nd. The company reported ($0.65) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by ($0.55). The firm had revenue of $6.13 billion for the quarter, compared to analyst estimates of $6.10 billion. Bilibili had a negative return on equity of 22.44% and a negative net margin of 16.71%. The firm's quarterly revenue was up 15.5% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.43) EPS. On average, analysts expect Bilibili to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Bilibili Stock Performance
BILI traded up $1.97 during mid-day trading on Thursday, reaching $24.13. The stock had a trading volume of 7,431,126 shares, compared to its average volume of 6,797,773. The firm's fifty day simple moving average is $19.92 and its two-hundred day simple moving average is $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 52 week low of $8.80 and a 52 week high of $31.77.
Analyst Ratings Changes
Several brokerages have weighed in on BILI. Nomura Securities raised Bilibili from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 22nd. The Goldman Sachs Group raised shares of Bilibili from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $16.50 to $22.60 in a research note on Thursday, September 26th. Barclays raised shares of Bilibili from an "equal weight" rating to an "overweight" rating and raised their price objective for the company from $14.00 to $19.00 in a research note on Friday, August 23rd. Daiwa Capital Markets lowered Bilibili from an "outperform" rating to a "neutral" rating in a research note on Thursday, October 3rd. Finally, Nomura upgraded Bilibili from a "neutral" rating to a "buy" rating and set a $18.00 target price for the company in a research report on Thursday, August 22nd. Five analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $18.15.
Check Out Our Latest Stock Report on Bilibili
Bilibili Company Profile
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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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