DouYu International (DOYU) Projected to Post Quarterly Earnings on Tuesday

DouYu International (NASDAQ:DOYU) is anticipated to release its earnings data before the market opens on Tuesday, March 25th. Analysts expect DouYu International to post earnings of ($2.18) per share and revenue of $1.05 billion for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

DouYu International (NASDAQ:DOYU) last released 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. DouYu International had a negative return on equity of 2.92% and a negative net margin of 4.39%. The firm had revenue of $155.65 million for the quarter, compared to analyst estimates of $1.05 billion.

DouYu International Trading Down 1.4 %

DouYu International stock opened at $7.86 on Monday. The stock has a 50 day moving average of $12.15 and a two-hundred day moving average of $10.97. DouYu International has a twelve month low of $6.29 and a twelve month high of $20.17. The stock has a market capitalization of $248.66 million, a price-to-earnings ratio of -8.93 and a beta of 1.00.

DouYu International Increases Dividend

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

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Citigroup upgraded shares of DouYu International from a “sell” rating to a “neutral” rating and raised their price objective for the company from $5.90 to $10.50 in a research report on Tuesday, March 18th. Hsbc Global Res raised DouYu International from a “moderate sell” rating to a “hold” rating in a report on Monday, March 17th. Finally, HSBC raised DouYu International from a “reduce” rating to a “hold” rating in a report on Monday, March 17th.

DouYu International Company Profile

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.