Don't miss out on the highly anticipated second quarter financial results of Weibo Weibo (NASDAQ: WB) set to be unveiled on Thursday 22nd August 2024. Be prepared to seize this valuable opportunity to analyze the company's financial performance before market open.
According to the forecasts of financial experts on Wall Street, the enterprise is poised to announce an anticipated per share $0.41 profit for the quarter. Furthermore, the firm is expected to disclose a total revenue of $436.95 million for this specific period.
In comparison to the same quarter of the prior year, the company's financial statement showcased a per share of income of $0.53. This was credited to the company's total revenue, which reached an impressive $440.24 million in that particular timeframe.
The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $1.78 billion. They also believe the company will reach about profit of $1.78 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $0.41 | -12.8% | 395.50 M | -4.4% |
| Q4 2023 | $0.31 | -58.7% | 463.67 M | +3.5% |
| Q3 2023 | $0.57 | +14.0% | 442.15 M | -2.5% |
| Q2 2023 | $0.53 | +15.2% | 440.24 M | -2.2% |
*Growth on year-over-year basis
Weibo (WB) shares traded as low as $7.74 and as high as $8.00 on a day volume of 1.74 million shares, closed Wednesday's regular trading session at $7.89, a rise of 1.15 percent.
