DouYu International (DOYU) to Release Earnings on Tuesday

DouYu International (NASDAQ:DOYU) is anticipated to post its quarterly earnings results 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. Parties that are interested in participating in the company’s conference call can do so using this link.

DouYu International (NASDAQ:DOYU) last released its quarterly earnings data on Friday, March 14th. The company reported ($0.31) earnings per share (EPS) for the quarter, beating 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 business had revenue of $155.65 million during the quarter, compared to analyst estimates of $1.05 billion.

DouYu International Stock Performance

Shares of DOYU stock opened at $7.86 on Friday. The firm has a market capitalization of $248.66 million, a PE ratio of -8.93 and a beta of 1.00. The stock has a fifty day moving average of $12.15 and a two-hundred day moving average of $10.95. DouYu International has a 1 year low of $6.29 and a 1 year high of $20.17.

DouYu International Increases Dividend

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

Analyst Upgrades and Downgrades

DOYU has been the topic of several recent analyst reports. Hsbc Global Res raised DouYu International from a “moderate sell” rating to a “hold” rating in a research report on Monday, March 17th. Citigroup raised DouYu International from a “sell” rating to a “neutral” rating and upped their target price for the stock from $5.90 to $10.50 in a research report on Tuesday, March 18th. Finally, HSBC raised DouYu International from a “reduce” rating to a “hold” rating in a research 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.