Weibo (WB) Set to Announce Earnings on Tuesday
Weibo (NASDAQ:WB) is set to post its quarterly earnings results before the market opens on Tuesday, February 13th. Analysts expect Weibo to post earnings of $0.58 per share for the quarter.
Weibo (NASDAQ:WB) last issued its earnings results on Tuesday, November 7th. The information services provider reported $0.51 EPS for the quarter, topping the Zacks’ consensus estimate of $0.45 by $0.06. The business had revenue of $320.00 million for the quarter, compared to the consensus estimate of $297.20 million. Weibo had a net margin of 26.85% and a return on equity of 30.00%. The company’s revenue for the quarter was up 80.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.24 EPS. On average, analysts expect Weibo to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Weibo (WB) opened at $115.35 on Friday. The company has a market cap of $26,030.00, a PE ratio of 98.59 and a beta of 2.63. Weibo has a one year low of $47.36 and a one year high of $136.19.
Weibo Corporation is a social media platform for people to create, distribute and discover Chinese-language content. The Company provides ways for people and organizations to publicly express themselves in real time, interact with others on a global platform and stay connected with the world. It operates in two segments: advertising and marketing services and other services.
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