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Is Momo expected to beat earnings?

Is Momo expected to beat earnings?

Taking into account the latest results, Momo’s 17 analysts currently expect revenues in 2021 to be CN¥15.3b, approximately in line with the last 12 months. Statutory earnings per share are expected to descend 17% to CN¥8.35 in the same period.

How do I find out when a company will release earnings?

Earnings reports that have already been released can be found through the Securities and Exchange Commission’s (SEC) website——and other publications, such as Morningstar (as well as on a company’s website). These earnings reports, which all come out at around the same time, serve as public balance sheets.

What is an earnings release date?

In general, each earnings season begins one or two weeks after the last month of each quarter (December, March, June, and September). Thus, look for the majority of public companies to release their earnings in early to mid-January, April, July, and October.

Why is Momo going down?

Shares of Momo (NASDAQ:MOMO), the Chinese online dating service, took a dive last year due to a combination of factors, including the coronavirus pandemic and a consistent decline in sales as it tightened its video content. According to data from S&P Global Market Intelligence, the stock finished last year down 58%.

Does Momo pay a dividend?

MOMO pays a dividend of $0.64 per share. MOMO’s annual dividend yield is 4.75%.

Why do stocks drop after good earnings?

Any downward revisions to future sales, earnings, cash flow, and more could lead to concerns over the stock’s future value. Downward revisions or developments that decrease future value expectations can be a fundamental reason why a stock might fall alongside good news.

Why are earnings released after hours?

In today’s markets, it comes down more to the general timing of a release rather than a specific day of the week. A company might plan to announce their earnings after hours when there is typically a lower level of investor attention being paid.

Should you sell stock before earnings?

Option 2: Sell part of every growth stock you own before it reports earnings. Simply put, if a volatile growth stock is going to release results within a week (and there are plenty of those out there in this topsy-turvy market environment), don’t buy it, or don’t buy much.

Is Momo a buy or sell?

Momo has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on 1 buy rating, 3 hold ratings, and 1 sell rating.