Will Solid Live Streaming Revenues Boost YY's Q3 Earnings?

NTAP HIMX YY TTD

YY Inc. (YY - Free Report) is set to report third-quarter 2018 results on Nov 12.

The company’s earnings beat the Zack Consensus Estimate in all the trailing four quarters, delivering average positive surprise of 12.6%.

In the last reported quarter, YY posted non-GAAP earnings of $2.03 per share, which beat the Zacks Consensus Estimate of $1.81 per share and increased 33% from the year-ago quarter.

Revenues of $570.2 million increased 48% from the year-ago quarter and beat the consensus mark of $538 million.

The Zacks Consensus Estimate for third-quarter revenues is currently pegged at $589.8 million, while that for earnings stands at $1.86 per share.

Let’s see how things are shaping up prior to this announcement.

YY Inc. Price and EPS Surprise

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