Bilibili (BILI) Projected to Post Earnings on Thursday

Bilibili (NASDAQ:BILI) is expected to issue its quarterly earnings data before the market opens on Thursday, March 6th. Analysts expect Bilibili to post earnings of $0.19 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Bilibili (NASDAQ:BILI) last posted its earnings results on Thursday, February 20th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.02. The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.05 billion. Bilibili had a negative return on equity of 8.23% and a negative net margin of 5.01%. On average, analysts expect Bilibili to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Bilibili Stock Up 5.8 %

Shares of BILI opened at $20.94 on Wednesday. The company’s 50-day moving average price is $18.43 and its 200 day moving average price is $18.97. Bilibili has a 12-month low of $9.86 and a 12-month high of $31.77. The company has a current ratio of 1.34, a quick ratio of 1.05 and a debt-to-equity ratio of 0.23. The firm has a market cap of $8.68 billion, a P/E ratio of -46.53 and a beta of 0.93.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on BILI. Mizuho upped their price objective on shares of Bilibili from $17.00 to $21.00 and gave the stock an “outperform” rating in a report on Tuesday, November 12th. Daiwa America upgraded Bilibili from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 8th. Daiwa Capital Markets raised Bilibili from a “neutral” rating to a “buy” rating in a research note on Friday, November 8th. Barclays boosted their price objective on Bilibili from $24.00 to $25.00 and gave the company an “overweight” rating in a report on Friday, February 21st. Finally, Benchmark raised their target price on Bilibili from $24.00 to $30.00 and gave the company a “buy” rating in a report on Friday, February 21st. Four equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $20.33.

Bilibili Company Profile

Bilibili Inc provides online entertainment services for the young generations in the People's Republic of China. It offers a range of digital content, including professional user generated videos, mobile games, and value-added services, such as live broadcasting, occupationally generated videos, audio drama on Maoer, and comics on Bilibili Comic.