ZACKSยท2024-09-25 17:21Core Viewpoint - Bilibili (BILI) shows a significantly improving earnings outlook, making it a solid investment choice as analysts continue to raise earnings estimates for the company [1][2]. Current-Quarter Estimate Revisions - The earnings estimate for the current quarter is $0.09 per share, reflecting a year-over-year increase of +131.03% [3]. - The Zacks Consensus Estimate for Bilibili has risen by 50% over the last 30 days, with one estimate increasing and no negative revisions [3]. Current-Year Estimate Revisions - For the full year, Bilibili is expected to earn $0.02 per share, indicating a year-over-year change of +101.71% [4]. - The consensus estimate for the current year has increased by 5.06%, with one estimate moving higher and no negative revisions [4]. Favorable Zacks Rank - Bilibili currently holds a Zacks Rank 2 (Buy), attributed to positive estimate revisions, which historically lead to significant outperformance compared to the S&P 500 [5]. - Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have shown a strong track record of outperforming the market [5]. Bottom Line - Bilibili's stock has increased by 28.8% over the past four weeks due to strong estimate revisions, suggesting potential for further upside, making it a candidate for portfolio addition [6].