2022-11-25 14:00:54

Earnings Outlook For JOYY - JOYY (NASDAQ:YY)

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Benzinga
By Benzinga Insights

JOYY YY is set to give its latest quarterly earnings report on Monday, 2022-11-28. Here's what investors need to know before the announcement.

Analysts estimate that JOYY will report an earnings per share (EPS) of $0.39.

JOYY bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $0.45, which was followed by a 8.9% drop in the share price the next day.

Here's a look at JOYY's past performance and the resulting price change:

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