-Earnings Webinar Scheduled for 6:00 a.m. ET on March 18, 2025- GUANGZHOU, China , Feb. 25, 2025 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced that it will report its fourth quarter and fiscal year 2024 unaudited financial results on Tuesday, March 18, 2025, before the open of U.S. markets.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
HUYA (HUYA) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
HUYA (HUYA) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
HUYA's Q3 2024 results showed a 209.3% YoY growth in game-related services, offsetting the expected decline in live streaming revenue. Despite a 17% total return decline, HUYA's strategic transformation and potential future shareholder returns justify maintaining a "buy" rating. HUYA's stock trades below its tangible book value, presenting a classic Ben-Graham net-net investment opportunity.
UBS, KINS, HUYA, PAYO and TOST have been added to the Zacks Rank #1 (Strong Buy) List on November 13, 2024.
UBS, KINS and HUYA made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 13, 2024.
The heavy selling pressure might have exhausted for HUYA (HUYA) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
HUYA Inc.
GUANGZHOU, China , Nov. 12, 2024 /PRNewswire/ -- HUYA Inc. ("Huya" or the "Company") (NYSE: HUYA), a leading game live streaming platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Highlights [ 1] Total net revenues were RMB1,537.7 million (US$219.1 million) for the third quarter of 2024, compared with RMB1,664.3 million for the same period of 2023.