Workflow
Insights Into Weibo (WB) Q3: Wall Street Projections for Key Metrics
WBWB(WB) ZACKS·2024-11-14 15:15

Group 1 - Analysts project Weibo Corporation (WB) will announce quarterly earnings of 0.46pershare,adeclineof19.30.46 per share, a decline of 19.3% year over year [1] - Revenues are expected to reach 435.42 million, declining 1.5% from the same quarter last year [1] - There has been no revision in the consensus EPS estimate over the last 30 days, indicating analysts' reconsideration of their initial forecasts [1] Group 2 - The estimate for 'Net revenues- Value-added service' is projected at 57.82million,reflectingayearoveryearchangeof3.957.82 million, reflecting a year-over-year change of -3.9% [4] - 'Net revenues- Advertising and marketing' are expected to be 377.60 million, indicating a change of -4% from the prior-year quarter [4] Group 3 - The average prediction for 'Average daily active users (DAUs)' is 257.95 million, down from 260 million in the same quarter last year [5] - 'Monthly active users (MAUs)' are expected to be 593.90 million, compared to 605 million a year ago [5] - Weibo shares have returned -11.8% over the past month, contrasting with the Zacks S&P 500 composite's +3.1% change [5]