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For the quarter ended September 2024, Weibo Corporation (WB) reported revenue of $464.48 million, up 5.1% over the same period last year. EPS came in at $0.53, compared to $0.57 in the year-ago quarter.
The reported revenue represents a surprise of +6.68% over the Zacks Consensus Estimate of $435.42 million. With the consensus EPS estimate being $0.46, the EPS surprise was +15.22%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Weibo performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
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Average daily active users (DAUs): 257 million versus 257.95 million estimated by two analysts on average.
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Monthly active users (MAUs): 587 million compared to the 593.9 million average estimate based on two analysts.
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Net revenues- Value-added service: $65.87 million versus the two-analyst average estimate of $57.82 million. The reported number represents a year-over-year change of +24.6%.
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Net revenues- Advertising and marketing: $398.62 million versus the two-analyst average estimate of $377.60 million. The reported number represents a year-over-year change of +2.4%.
View all Key Company Metrics for Weibo here>>>
Shares of Weibo have returned -5.6% over the past month versus the Zacks S&P 500 composite's +0.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Weibo Corporation (WB) : Free Stock Analysis Report