Weibo Corporation (WB - Free Report) is scheduled to report first-quarter 2019 results on May 23.
Notably, the company beat the Zacks Consensus Estimate in the trailing four quarters, delivering an average positive surprise of 2.7%.
In the last reported quarter, the company’s adjusted earnings of 80 cents per share surpassed the Zacks Consensus Estimate of 70 cents. The figure also surged 25% year over year.
Revenues of $481.9 million increased 27.7% from the year-ago quarter and marginally beat the Zacks Consensus Estimate of $481.5 million. Notably, the company added 70 million monthly active users (MAUs) year over year in fourth-quarter 2018, which totalled to 462 million.
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 scheduled to report first-quarter 2019 results on May 23.
Notably, the company beat the Zacks Consensus Estimate in the trailing four quarters, delivering an average positive surprise of 2.7%.
In the last reported quarter, the company’s adjusted earnings of 80 cents per share surpassed the Zacks Consensus Estimate of 70 cents. The figure also surged 25% year over year.
Revenues of $481.9 million increased 27.7% from the year-ago quarter and marginally beat the Zacks Consensus Estimate of $481.5 million. Notably, the company added 70 million monthly active users (MAUs) year over year in fourth-quarter 2018, which totalled to 462 million.
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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