Momo Inc. (MOMO - Free Report) is set to report fourth-quarter 2018 results on March 12.
In the last reported quarter, the company’s earnings of 53 cents per share, which were in line with the Zacks Consensus Estimate, increased 17.8% year over year.
Revenues also increased 52.1% year over year to $536 million. The top line was on par with the Zacks Consensus Estimate.
For the fourth quarter, the company expects revenues between RMB3,655 million and RMB3,7550 million, representing an increase of 43-47% on a year-over-year basis.
The Zacks Consensus Estimate for fourth-quarter earnings stands at 54 cents. The consensus mark for revenues is pegged at $540 million, up roughly 39.9% from the year-ago quarter.
Let’s see how things are shaping up for the upcoming announcement.
Momo Inc. 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 >>
Momo Inc. (MOMO - Free Report) is set to report fourth-quarter 2018 results on March 12.
In the last reported quarter, the company’s earnings of 53 cents per share, which were in line with the Zacks Consensus Estimate, increased 17.8% year over year.
Revenues also increased 52.1% year over year to $536 million. The top line was on par with the Zacks Consensus Estimate.
For the fourth quarter, the company expects revenues between RMB3,655 million and RMB3,7550 million, representing an increase of 43-47% on a year-over-year basis.
The Zacks Consensus Estimate for fourth-quarter earnings stands at 54 cents. The consensus mark for revenues is pegged at $540 million, up roughly 39.9% from the year-ago quarter.
Let’s see how things are shaping up for the upcoming announcement.
Momo Inc. 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 >>
Get the latest research report on CSIQ - FREE
Get the latest research report on TCEHY - FREE
Get the latest research report on MOMO - FREE
Get the latest research report on AZUL - FREE