Bilibili (BILI) to Release Quarterly Earnings on Thursday

Bilibili (NASDAQ:BILI) is projected to issue its quarterly earnings data before the market opens on Thursday, March 6th. Analysts expect the company to announce earnings of $0.19 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Bilibili (NASDAQ:BILI) last released its quarterly earnings data on Thursday, February 20th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.02. Bilibili had a negative return on equity of 8.23% and a negative net margin of 5.01%. The business had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.05 billion. On average, analysts expect Bilibili to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Bilibili Trading Up 5.8 %

BILI opened at $20.94 on Wednesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.05 and a current ratio of 1.34. Bilibili has a one year low of $9.86 and a one year high of $31.77. The company has a market cap of $8.68 billion, a P/E ratio of -46.53 and a beta of 0.93. The business’s 50-day simple moving average is $18.43 and its 200-day simple moving average is $18.97.

Analyst Ratings Changes

Several equities analysts have commented on BILI shares. Daiwa America upgraded shares of Bilibili from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 8th. Barclays increased their target price on shares of Bilibili from $24.00 to $25.00 and gave the company an “overweight” rating in a research report on Friday, February 21st. Benchmark boosted their price target on shares of Bilibili from $24.00 to $30.00 and gave the company a “buy” rating in a research report on Friday, February 21st. Nomura Securities lowered Bilibili from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 25th. Finally, Daiwa Capital Markets raised Bilibili from a “neutral” rating to a “buy” rating in a report on Friday, November 8th. Four analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Bilibili currently has an average rating of “Moderate Buy” and an average target price of $20.33.

About Bilibili

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.