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

May 16, 2018 - By Kristin Houston

Momo Inc. (NASDAQ:MOMO) is awaited to announce earnings on May, 22., Faxor reports. Analysts predict 10.00 % diference or $0.44 from the $0.4 EPS from 2017. The profit will be $88.47M for MOMO if $0.44 EPS becomes true. Wall Street predicts -6.38 % negative EPS growth as of May, 22. 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. MOMO underperformed the S&P 500 by 6.35%.

Momo Inc. (NASDAQ:MOMO) Ratings Coverage

Total analysts of 8 have positions in Momo Inc (NASDAQ:MOMO) as follows: 7 rated it a “Buy”, 0 with “Sell” and 1 with “Hold”. The positive are 88%. Since January 2, 2018 according to StockzIntelligence Inc Momo Inc has 8 analyst reports. On Tuesday, January 23 the firm has “Buy” rating given by Jefferies. On Monday, March 19 Bank of America maintained the shares of MOMO in report with “Buy” rating. On Tuesday, January 2 the rating was initiated by UBS with “Hold”. On Friday, January 26 the company was upgraded by J.P. Morgan. On Wednesday, March 28 the firm has “Buy” rating given by Morgan Stanley. The company rating was initiated by Citigroup on Tuesday, February 20. The company rating was upgraded by JP Morgan on Monday, January 29.

Momo Inc. operates as a mobile-based social networking platform in the People's Republic of China.The firm is worth $7.53 billion. 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 briefly released 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 released on May 15, 2018.

Momo Inc. (NASDAQ:MOMO) Analyst Ratings Chart

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