Bilibili Inc (HKSE:09626) Q3 2024 Earnings Report Preview: What to Look For

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Nov 13, 2024
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Bilibili Inc (HKSE:09626, Financial) is set to release its Q3 2024 earnings on Nov 14, 2024. The consensus estimate for Q3 2024 revenue is $7.68 billion, and the earnings are expected to come in at -$0.21 per share. The full year 2024's revenue is expected to be $28.56 billion and the earnings are expected to be -$3.53 per share. More detailed estimate data can be found on the Forecast page.

Bilibili Inc (HKSE:09626, Financial) Estimate Trends

Over the past 90 days, revenue estimates for Bilibili Inc (HKSE:09626) for the full year 2024 have increased from $28.05 billion to $28.56 billion and for 2025 from $31.63 billion to $32.42 billion. Earnings estimates have also been revised upwards, from -$4.30 per share to -$3.53 per share for the full year 2024, and from $0.49 per share to $1.79 per share for 2025.

Bilibili Inc (HKSE:09626, Financial) Reported History

In the previous quarter of June 30, 2024, Bilibili Inc's (HKSE:09626) actual revenue was $6.60 billion, which beat analysts' revenue expectations of $6.58 billion by 0.29%. Bilibili Inc's (HKSE:09626) actual earnings were -$1.57 per share, which missed analysts' earnings expectations of -$1.50 per share by -4.73%. After releasing the results, Bilibili Inc (HKSE:09626) was down by -1.3% in one day.

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Bilibili Inc (HKSE:09626, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 19 analysts, the average target price for Bilibili Inc (HKSE:09626) is $156.09 with a high estimate of $246.44 and a low estimate of $93.04. The average target implies a downside of -7.53% from the current price of $168.80.

Based on GuruFocus estimates, the estimated GF Value for Bilibili Inc (HKSE:09626, Financial) in one year is $177.80, suggesting an upside of 5.33% from the current price of $168.80.

Based on the consensus recommendation from 22 brokerage firms, Bilibili Inc's (HKSE:09626, Financial) average brokerage recommendation is currently 2.0, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.