Youdao (DAO) Scheduled to Post Earnings on Tuesday

Youdao (NYSE:DAO) will issue its quarterly earnings data before the market opens on Tuesday, May 18th. Parties that are interested in participating in the company’s conference call can do so using this link.

Youdao (NYSE:DAO) last announced its earnings results on Thursday, February 25th. The company reported ($3.93) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($4.61) by $0.68. The company had revenue of $169.62 million during the quarter. On average, analysts expect Youdao to post $-2 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Shares of NYSE DAO opened at $21.38 on Friday. The company’s 50-day simple moving average is $24.79 and its 200-day simple moving average is $28.82. Youdao has a 52-week low of $19.02 and a 52-week high of $47.70. The firm has a market cap of $2.65 billion, a price-to-earnings ratio of -10.91 and a beta of -0.41.

DAO has been the topic of several research analyst reports. Macquarie boosted their price target on shares of Youdao from $38.00 to $42.00 and gave the stock an “outperform” rating in a research report on Thursday, February 25th. Zacks Investment Research upgraded shares of Youdao from a “sell” rating to a “hold” rating in a research report on Wednesday, April 28th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $35.50.

About Youdao

Youdao, Inc, an internet technology company, provides online services in content, community, communication, and commerce in China. The company provides various learning content, applications, and solutions, which covers topics and targets people from various age groups for their learning needs through its websites and mobile applications; Youdao Dictionary with range of products and services addressing lifelong learning needs of pre-school, K-12 and college students as well as adult learners; and other online dictionary and translation tools comprising Youdao Translation, U-Dictionary, and Youdao Kids' Dictionary.

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Earnings History for Youdao (NYSE:DAO)

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