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Bilibili (BILI) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
BILIBILIBILI(BILI) zacks.com·2024-05-16 15:05

Earnings Expectations - Bilibili is expected to report a year-over-year increase in earnings with higher revenues for the quarter ended March 2024 [1] - The company is anticipated to post a quarterly loss of 017pershare,representingayearoveryearimprovementof+5410 17 per share, representing a year-over-year improvement of +54 1% [2] - Revenues are projected to be 775 06 million, up 4 6% from the same quarter last year [2] Estimate Revisions - The consensus EPS estimate for the quarter has been revised 5 88% lower over the last 30 days [2] - The Most Accurate Estimate for Bilibili is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +5 88% [5] - The stock currently carries a Zacks Rank of 2, indicating a favorable outlook [5] Earnings Surprise History - In the last reported quarter, Bilibili delivered a surprise of -18 75%, posting a loss of 019pershareagainstanexpectedlossof0 19 per share against an expected loss of 0 16 [7] - Over the last four quarters, the company has beaten consensus EPS estimates two times [7] Earnings ESP and Predictive Power - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [4] - Stocks with this combination produce a positive surprise nearly 70% of the time [4] - Bilibili's combination of a positive Earnings ESP and Zacks Rank 2 suggests a high likelihood of beating the consensus EPS estimate [5][6] Market Impact - The earnings report, expected on May 23, 2024, could influence the stock's near-term price movement depending on whether the results exceed or fall short of expectations [1] - While earnings performance is a key factor, other unforeseen catalysts or disappointments can also impact stock movement [8]