EPS for Momo Inc. (MOMO) Expected At $0.44 on May, 22

May 16, 2018 - By Patrick Harkless

Momo Inc. (NASDAQ:MOMO) is anticipated to reveal earnings on May, 22., as reported by Faxor. The earnings per share diference is $0.04 or 10.00 % up from last years number. Previous year: $0.4; Analysts forcast: $0.44. If $0.44 is reported, MOMO’s profit will hit $88.47M for 21.29 P/E. -6.38 % negative EPS growth is what analysts predict. $0.47 earnings per share was reported for last quarter. Ticker’s shares touched $37.47 during the last trading session after 0.29% change.Currently Momo Inc. is uptrending after 5.20% change in last May 16, 2017. MOMO has 712,291 shares volume. The stock underperformed the S&P500 by 6.35%.

Momo Inc. (NASDAQ:MOMO) Ratings Coverage

In total 8 analysts cover Momo Inc (NASDAQ:MOMO). “Buy” rating has 7, “Sell” are 0, while 1 are “Hold”. 88% are bullish. 8 are the (NASDAQ:MOMO)’s analyst reports since January 2, 2018 according to StockzIntelligence Inc. The company rating was upgraded by J.P. Morgan on Friday, January 26. In Tuesday, February 20 report Citigroup initiated it with “Buy” rating and $40.0 target. The stock rating was initiated by UBS with “Hold” on Tuesday, January 2. On Tuesday, January 23 the rating was maintained by Jefferies with “Buy”. On Monday, January 29 the company was upgraded by JP Morgan. On Wednesday, March 28 the firm has “Buy” rating by Morgan Stanley given. On Monday, March 19 the firm earned “Buy” rating by Bank of America.

Momo Inc. operates as a mobile-based social networking platform in the People's Republic of China.The company has $7.53 billion market cap. The company's platform includes its Momo mobile application and various related features, functionalities, tools, and services that are provided to users, customers, and platform partners.The P/E ratio is 24.33. It offers Momo mobile application that enables users to establish and expand their social relationships based on locations and interests; and Hani, a live video application.

Another two news for Momo Inc. (NASDAQ:MOMO) were recently announced by: Prnewswire.com on May 14, 2018 with title “Momo to Report First Quarter 2018 Results on May 29, 2018”. The other Streetinsider.com‘s article was titled “Viking Global’s 13F Shows New Stakes in Alibaba (BABA), BioMarin (BMRN) and Western Digital (WDC), Increase in …” and announced on May 15, 2018.

Momo Inc. (NASDAQ:MOMO) Analyst Ratings Chart

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