Why Shares of Weibo Corporation Skyrocketed 154% Last Year [The Motley Fool]
Weibo Corporation - American Depositary Shares (WB)
Last weibo corporation - american depositary shares earnings: 2/26 05:00 am
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ir.weibo.com
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Source: The Motley Fool
Weibo is growing quickly and investors took notice. Chris Neiger ( TMFNewsie ) Jan 17, 2018 at 10:52AM What happened Shares of China-based social-media giant Weibo Corporation ( NASDAQ:WB ) spiked 154.8% in 2017, according to data provided by S&P Global Market Intelligence , after the company beat analysts' consensus estimates in all of the quarters reported last year and continued to grow its user base and sales. So what Shares of Weibo's stock jumped by about 24% between January and late February, after the company released its fourth-quarter 2016 results. Investors were pleased to see Weibo's sales jump 43% year over year, and earnings reached $0.34 per share -- topping Wall Street's estimate of $0.28. Weibo also managed to grow its monthly active users (MAUs) by 33% at the end of the year, all of which added to investor sentiment.
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News
- Weibo Files its Annual Report on Form 20-FPR Newswire
- Weibo Publishes 2023 Environmental, Social and Governance Report [Yahoo! Finance]Yahoo! Finance
- Weibo Publishes 2023 Environmental, Social and Governance ReportPR Newswire
- Weibo to Hold Annual General Meeting on May 22, 2024PR Newswire
- Weibo Co. (NASDAQ: WB) had its "neutral" rating re-affirmed by analysts at The Goldman Sachs Group, Inc.. They now have a $10.60 price target on the stock.MarketBeat
WB
Earnings
- 3/14/24 - Miss
WB
Sec Filings
- 4/25/24 - Form 6-K
- 4/25/24 - Form 20-F
- 4/8/24 - Form 6-K
- WB's page on the SEC website