Bilibili (BILI) Scheduled to Post Earnings on Thursday

Bilibili (NASDAQ:BILI) is scheduled to release its earnings data before the market opens on Thursday, November 14th. Analysts expect Bilibili to post earnings of $0.10 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Bilibili (NASDAQ:BILI) last released its quarterly earnings results on Thursday, August 22nd. The company reported ($0.65) EPS for the quarter, missing analysts’ consensus estimates of ($0.10) by ($0.55). Bilibili had a negative net margin of 16.71% and a negative return on equity of 22.44%. The company had revenue of $6.13 billion during the quarter, compared to the consensus estimate of $6.10 billion. During the same quarter last year, the firm posted ($0.43) EPS. The company’s quarterly revenue was up 15.5% on a year-over-year basis. On average, analysts expect Bilibili to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Bilibili Price Performance

Bilibili stock opened at $21.08 on Wednesday. The stock’s 50 day moving average is $20.25 and its 200 day moving average is $16.85. Bilibili has a one year low of $8.80 and a one year high of $31.77. The firm has a market cap of $8.74 billion, a P/E ratio of -15.78 and a beta of 0.86.

Analyst Ratings Changes

A number of research analysts have recently issued reports on BILI shares. Mizuho boosted their price target on shares of Bilibili from $17.00 to $21.00 and gave the stock an “outperform” rating in a research report on Tuesday. Nomura raised shares of Bilibili from a “neutral” rating to a “buy” rating and set a $18.00 price target on the stock in a research report on Thursday, August 22nd. Sanford C. Bernstein lifted their price objective on Bilibili from $12.00 to $13.00 and gave the stock a “market perform” rating in a research report on Friday, August 23rd. Daiwa America upgraded Bilibili from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 8th. Finally, Barclays raised Bilibili from an “equal weight” rating to an “overweight” rating and raised their target price for the stock from $14.00 to $19.00 in a research note on Friday, August 23rd. Three research analysts have rated the stock with a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $18.51.

Bilibili Company Profile

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.