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Webtoon (WBTN) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
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Wall Street analysts expect Webtoon Entertainment (WBTN - Free Report) to post quarterly earnings of $0.02 per share in its upcoming report, which indicates a year-over-year decline of 71.4%. Revenues are expected to be $338.82 million, down 2.7% from the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 100% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
With that in mind, let's delve into the average projections of some Webtoon metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts expect 'Revenue- Paid Content Revenue' to come in at $265.34 million. The estimate indicates a year-over-year change of -3.5%.
Analysts predict that the 'Revenue- IP Adaptations Revenue' will reach $30.09 million. The estimate indicates a change of +6.9% from the prior-year quarter.
Based on the collective assessment of analysts, 'Revenue- Advertising Revenue' should arrive at $43.03 million. The estimate indicates a year-over-year change of -4.8%.
It is projected by analysts that the 'Monthly Active Users (MAU)' will reach 149.05 million. Compared to the present estimate, the company reported 156.10 million in the same quarter last year.
The collective assessment of analysts points to an estimated 'Monthly Active Users (MAU) - Japan' of 21.93 million. The estimate compares to the year-ago value of 22.60 million.
The consensus among analysts is that 'Monthly Active Users (MAU) - Rest of World' will reach 102.22 million. Compared to the current estimate, the company reported 110.50 million in the same quarter of the previous year.
According to the collective judgment of analysts, 'Monthly Paying Users (MPU) - Korea' should come in at 3.50 million. The estimate compares to the year-ago value of 3.40 million.
The combined assessment of analysts suggests that 'Monthly Paying Users (MPU)' will likely reach 7.51 million. Compared to the present estimate, the company reported 7.40 million in the same quarter last year.
The average prediction of analysts places 'Paying Ratio - Korea' at 15.7%. The estimate compares to the year-ago value of 14.9%.
Analysts' assessment points toward 'Paying Ratio - Japan' reaching 10.4%. The estimate is in contrast to the year-ago figure of 10.0%.
The consensus estimate for 'Paying Ratio' stands at 5.1%. Compared to the current estimate, the company reported 4.7% in the same quarter of the previous year.
Analysts forecast 'Monthly Active Users (MAU) - Korea' to reach 22.29 million. Compared to the current estimate, the company reported 23.00 million in the same quarter of the previous year.
Shares of Webtoon have experienced a change of -18.7% in the past month compared to the +3.3% move of the Zacks S&P 500 composite. With a Zacks Rank #4 (Sell), WBTN is expected to underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Webtoon (WBTN) Q2 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Wall Street analysts expect Webtoon Entertainment (WBTN - Free Report) to post quarterly earnings of $0.02 per share in its upcoming report, which indicates a year-over-year decline of 71.4%. Revenues are expected to be $338.82 million, down 2.7% from the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 100% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
With that in mind, let's delve into the average projections of some Webtoon metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts expect 'Revenue- Paid Content Revenue' to come in at $265.34 million. The estimate indicates a year-over-year change of -3.5%.
Analysts predict that the 'Revenue- IP Adaptations Revenue' will reach $30.09 million. The estimate indicates a change of +6.9% from the prior-year quarter.
Based on the collective assessment of analysts, 'Revenue- Advertising Revenue' should arrive at $43.03 million. The estimate indicates a year-over-year change of -4.8%.
It is projected by analysts that the 'Monthly Active Users (MAU)' will reach 149.05 million. Compared to the present estimate, the company reported 156.10 million in the same quarter last year.
The collective assessment of analysts points to an estimated 'Monthly Active Users (MAU) - Japan' of 21.93 million. The estimate compares to the year-ago value of 22.60 million.
The consensus among analysts is that 'Monthly Active Users (MAU) - Rest of World' will reach 102.22 million. Compared to the current estimate, the company reported 110.50 million in the same quarter of the previous year.
According to the collective judgment of analysts, 'Monthly Paying Users (MPU) - Korea' should come in at 3.50 million. The estimate compares to the year-ago value of 3.40 million.
The combined assessment of analysts suggests that 'Monthly Paying Users (MPU)' will likely reach 7.51 million. Compared to the present estimate, the company reported 7.40 million in the same quarter last year.
The average prediction of analysts places 'Paying Ratio - Korea' at 15.7%. The estimate compares to the year-ago value of 14.9%.
Analysts' assessment points toward 'Paying Ratio - Japan' reaching 10.4%. The estimate is in contrast to the year-ago figure of 10.0%.
The consensus estimate for 'Paying Ratio' stands at 5.1%. Compared to the current estimate, the company reported 4.7% in the same quarter of the previous year.
Analysts forecast 'Monthly Active Users (MAU) - Korea' to reach 22.29 million. Compared to the current estimate, the company reported 23.00 million in the same quarter of the previous year.
View all Key Company Metrics for Webtoon here>>>Shares of Webtoon have experienced a change of -18.7% in the past month compared to the +3.3% move of the Zacks S&P 500 composite. With a Zacks Rank #4 (Sell), WBTN is expected to underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .