DouYu International (DOYU) to Release Quarterly Earnings on Tuesday

DouYu International (NASDAQ:DOYU - Get Free Report) is anticipated to announce its earnings results before the market opens on Tuesday, March 25th. Analysts expect the company to announce earnings of ($2.18) per share and revenue of $1.05 billion for the quarter. Investors interested in participating in the company's conference call can do so using this link.

DouYu International (NASDAQ:DOYU - Get Free Report) last issued its quarterly earnings results on Friday, March 14th. The company reported ($0.31) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($2.18) by $1.87. The company had revenue of $155.65 million during the quarter, compared to the consensus estimate of $1.05 billion. DouYu International had a negative net margin of 4.39% and a negative return on equity of 2.92%.

DouYu International Trading Down 1.7 %

NASDAQ:DOYU traded down $0.13 during trading hours on Friday, hitting $7.84. The company's stock had a trading volume of 202,544 shares, compared to its average volume of 229,517. DouYu International has a 52-week low of $6.29 and a 52-week high of $20.17. The stock has a market capitalization of $247.96 million, a P/E ratio of -8.91 and a beta of 1.00. The stock has a fifty day moving average of $12.20 and a 200-day moving average of $11.02.

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DouYu International Increases Dividend

The company also recently announced a -- dividend, which was paid on Thursday, February 20th. Investors of record on Monday, February 10th were given a $9.94 dividend. The ex-dividend date of this dividend was Friday, February 21st. This is a boost from DouYu International's previous -- dividend of $9.71.

Analyst Ratings Changes

Several brokerages have issued reports on DOYU. Citigroup raised shares of DouYu International from a "sell" rating to a "neutral" rating and raised their price objective for the stock from $5.90 to $10.50 in a research report on Tuesday. HSBC raised DouYu International from a "reduce" rating to a "hold" rating in a report on Monday. Finally, Hsbc Global Res upgraded shares of DouYu International from a "moderate sell" rating to a "hold" rating in a research report on Monday.

About DouYu International

DouYu International Holdings Limited, together with its subsidiaries, operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in the People's Republic of China. Its platform connects game developers and publishers, professional eSports teams or players and eSports tournament organizers, advertisers, and viewers.