Weibo Corporation (WB - Free Report) is expected to report fourth-quarter 2018 results soon.
The company beat the Zacks Consensus Estimate in the trailing four quarters, delivering average positive surprise of 4.3%.
In the last reported quarter, the company’s earnings of 75 cents per share surpassed the Zacks Consensus Estimate by a penny. The figure also came ahead of the year-ago quarter earnings of 51 cents per share.
Revenues increased 43.8% year over year to $460 million and came ahead of the Zacks Consensus Estimate of $454 million.
Weibo expects revenues between $480 million and $490 million, an increase of 35-38% year over year on a constant currency basis in the to be reported quarter.
The Zacks Consensus Estimate for fourth-quarter earnings has declined 1.3% in the past 30 days to 79 cents per share. Earnings are estimated to increase 23.4% year over year. Further, the consensus mark for revenues is pegged at $483.7 million, up roughly 28.1% from the year-ago quarter.
Let’s see how things are shaping up for the upcoming announcement.
Weibo Corporation Price and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Weibo Corporation (WB - Free Report) is expected to report fourth-quarter 2018 results soon.
The company beat the Zacks Consensus Estimate in the trailing four quarters, delivering average positive surprise of 4.3%.
In the last reported quarter, the company’s earnings of 75 cents per share surpassed the Zacks Consensus Estimate by a penny. The figure also came ahead of the year-ago quarter earnings of 51 cents per share.
Revenues increased 43.8% year over year to $460 million and came ahead of the Zacks Consensus Estimate of $454 million.
Weibo expects revenues between $480 million and $490 million, an increase of 35-38% year over year on a constant currency basis in the to be reported quarter.
The Zacks Consensus Estimate for fourth-quarter earnings has declined 1.3% in the past 30 days to 79 cents per share. Earnings are estimated to increase 23.4% year over year. Further, the consensus mark for revenues is pegged at $483.7 million, up roughly 28.1% from the year-ago quarter.
Let’s see how things are shaping up for the upcoming announcement.
Weibo Corporation Price and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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