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Curious about Weibo (WB) Q2 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2024-08-19 14:15
In its upcoming report, Weibo Corporation (WB) is predicted by Wall Street analysts to post quarterly earnings of $0.45 per share, reflecting a decline of 15.1% compared to the same period last year. Revenues are forecasted to be $435.11 million, representing a year-over-year decrease of 1.2%.The current level reflects a downward revision of 1.4% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their init ...
Weibo Corporation to Report Second Quarter 2024 Financial Results on August 22, 2024
Prnewswire· 2024-07-31 09:00
BEIJING, July 31, 2024 /PRNewswire/ -- Weibo Corporation (Nasdaq: WB and HKEX: 9898), a leading social media for people to create, share and discover content, will announce its unaudited financial results for the second quarter 2024 before the U.S. market opens on Thursday, August 22, 2024. Following the announcement, Weibo's management team will host a conference call from 7 AM – 8 AM Eastern Time on August 22, 2024 (or 7 PM – 8 PM Beijing Time on August 22, 2024) to present an overview of the Company's fi ...
微博:广告收入增长恢复仍需要时间
招银国际· 2024-05-27 03:22
2024 年 5 月 27 日 CMB 国际全球市场 | 股票研究 | 公司更新 微博 (WB US) 广告收入增长恢复仍需要时间 目标价格 17.00 美元 微博公布了第 1 季度的业绩 : 总收入同比下降 4 % ( 或按固定汇率计算同比持平 ) 至 3.95 ( 以前的 TP 为 18.80 美元 ) 亿美元,符合共识 / 我们的估计 ; 非 GAAP 净收入同比下降 4 %,至 1.07 亿美元,比共识 / 涨 / 跌 93.8% 我们的估计高 24 / 27 %,这要归功于对运营支出的控制 ( 同比 - 10 % ) 。我们预测第二季 现价 8.77 美元中国互联网 度广告收入将保持平稳,主要是由于化妆品和美容垂直广告收入的下降。尽管如此,管理层预 计在消费情绪触底反弹和奥运会活动的支持下,广告业务将在下半年恢复。我们将 FY24 - 26 Saiyi He, CFA 年度总收入预测下调 2%,主要是为了反映化妆品和美容品牌广告预算的萎缩。我们将我们的 (852) 3916 1739 TP 降至 10 倍 FY24E 非 GAAP PE 的 17.0 美元 ( 之前 : 10 倍 FY24E PE ...
微博:Ad revenue growth recovery still takes time
招银国际· 2024-05-27 03:02
M N 27 May 2024 CMB International Global Markets | Equity Research | Company Update Weibo (WB US) Ad revenue growth recovery still takes time Target Price US$17.00 Weibo announced 1Q24 results: total revenue decreased by 4% YoY (or flat YoY (Previous TP US$18.80) on a constant currency basis) to US$395mn, in line with consensus/our Up/Downside 93.8% estimates; non-GAAP net income was down by 4% YoY to US$107mn, 24/27% Current Price US$8.77 ahead of consensus/our estimates, thanks to the better-than-expected ...
WB(WB) - 2024 Q1 - Earnings Call Transcript
2024-05-23 22:41
Weibo Corporation (NASDAQ:WB) Q1 2024 Results Conference Call May 23, 2024 7:00 AM ET Company Participants Sandra Zhang - Investor Relations Gaofei Wang - CEO & Director Fei Cao - Chief Financial Officer Conference Call Participants Felix Liu - UBS Daisy Chen - Haitong International Operator Good day, and thank you for standing by. Welcome to the Weibo Reports First Quarter 2024 Financial Results. [Operator Instructions] Please be advised that today's conference is being recorded. I would now like to hand t ...
Weibo (WB) Reports Q1 Earnings: What Key Metrics Have to Say
zacks.com· 2024-05-23 14:31
Weibo Corporation (WB) reported $395.5 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 4.4%. EPS of $0.41 for the same period compares to $0.47 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $396.5 million, representing a surprise of -0.25%. The company delivered an EPS surprise of +2.50%, with the consensus EPS estimate being $0.40.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- an ...
Weibo Announces First Quarter 2024 Unaudited Financial Results
Prnewswire· 2024-05-23 09:00
BEIJING, May 23, 2024 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ: WB and HKEX: 9898), a leading social media in China, today announced its unaudited financial results for the first quarter ended March 31, 2024. "We had a solid start to the year," said Gaofei Wang, CEO of Weibo. "On the user front, we focused on the acquisition and engagement of high quality users and improving ROI of our channel investments. On the content front, we also made progress in optimizing traffic structur ...
Weibo Announces Results of 2024 Annual General Meeting
Prnewswire· 2024-05-22 08:30
BEIJING, May 22, 2024 /PRNewswire/ -- Weibo Corporation ("Weibo" or the "Company") (NASDAQ: WB and HKEX: 9898), a leading social media in China, today announced that the following proposed resolutions submitted for shareholder approval have been adopted at its 2024 annual general meeting of shareholders held today: 1. as an ordinary resolution, THAT Mr. Charles Chao shall be re-elected as a director of the Company at this annual general meeting and retain office until his retirement pursuant to the Company' ...
Weibo Corporation to Report First Quarter 2024 Financial Results on May 23, 2024
Prnewswire· 2024-05-08 09:00
BEIJING, May 8, 2024 /PRNewswire/ -- Weibo Corporation (NASDAQ: WB and HKEX: 9898), a leading social media for people to create, share and discover content, will announce its unaudited financial results for the first quarter 2024 before the U.S. market opens on Thursday, May 23, 2024. Following the announcement, Weibo's management team will host a conference call from 7 AM – 8 AM Eastern Time on May 23, 2024 (or 7 PM – 8 PM Beijing Time on May 23, 2024) to present an overview of the Company's financial perf ...
Weibo Files its Annual Report on Form 20-F
Prnewswire· 2024-04-25 10:13
BEIJING, April 25, 2024 /PRNewswire/ -- Weibo Corporation (the "Weibo" or "Company") (Nasdaq: WB and HKEX: 9898), a leading social media platform in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission on April 25, 2024. The annual report can be accessed on Weibo's investor relations website at http://ir.weibo.com. The Company will provide a hard copy of its annual report containing the audited consol ...