WEBTOON Entertainment (NASDAQ:WBTN - Get Free Report) is anticipated to issue its quarterly earnings data after the market closes on Thursday, February 6th. Analysts expect the company to announce earnings of ($0.18) per share for the quarter. WEBTOON Entertainment has set its Q4 2024 guidance at EPS.
WEBTOON Entertainment (NASDAQ:WBTN - Get Free Report) last posted its earnings results on Thursday, November 7th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of ($0.48) by $0.70. The business had revenue of $347.92 million for the quarter, compared to analyst estimates of $336.43 million. On average, analysts expect WEBTOON Entertainment to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
WEBTOON Entertainment Stock Performance
Shares of WEBTOON Entertainment stock traded up $0.12 during trading on Thursday, hitting $13.06. The company's stock had a trading volume of 38,024 shares, compared to its average volume of 194,404. The stock has a 50-day moving average price of $12.97 and a two-hundred day moving average price of $13.33. WEBTOON Entertainment has a 52 week low of $10.05 and a 52 week high of $25.66.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on the stock. The Goldman Sachs Group lowered their price target on shares of WEBTOON Entertainment from $48.00 to $25.00 and set a "buy" rating for the company in a report on Monday. Morgan Stanley cut their price target on shares of WEBTOON Entertainment from $17.50 to $16.00 and set an "equal weight" rating on the stock in a research report on Monday, January 13th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on WEBTOON Entertainment from $18.00 to $16.00 and set a "buy" rating on the stock in a research note on Tuesday, November 5th. Two research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $21.67.
Read Our Latest Research Report on WEBTOON Entertainment
WEBTOON Entertainment Company Profile
(
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WEBTOON Entertainment Inc operates a storytelling platform worldwide. The company's platform allows a community of creators and users to discover, create, and share new content. Its platform offers stories primarily in two ways, including web-comics, a graphical comic-like medium; and web-novels, which are text-based stories.
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