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