Benzinga | Nov 15, 2021 11:22AM EST

Preview: DouYu International Hldgs's Earnings

\DouYu International Hldgs (NASDAQ:DOYU) is set to give its latest quarterly earnings report on Tuesday, 2021-11-16. Here's what investors need to know before the announcement.

Analysts estimate that DouYu International Hldgs will likely report an Earnings Per Share (EPS) of $-0.03

DouYu International Hldgs bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company performed in-line with EPS estimates, which was followed by a 11.4% increase in the share price the next day.

Here's a look at DouYu International Hldgs's past performance and the resulting price change:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate -0.05 -0.06 -0.01 0.09EPS Actual -0.05 -0.01 -0.07 0.06Price Change % 11.4% -1.52% -5.6% 2.1%

Stock Performance

Shares of DouYu International Hldgs were trading at $3.96 as of November 12. Over the last 52-week period, shares are down 72.11%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here