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

May 16, 2018 - By Frank Plummer

Momo Inc. (NASDAQ:MOMO)’s earnings report is awaited by WallStreet on May, 22, according to Faxor. Analysts have expectation on stock’s earnings per share of $0.44. That’s up 10.00 % from last year’s $0.4 earnings per share. This could reach $88.47M profit for MOMO assuming the current $0.44 earnings per share will become reality. After $0.47 EPS report last quarter, Wall Street now predicts -6.38 % negative EPS growth of Momo Inc.. MOMO is hitting $37.47 during the last trading session, after increased 0.29%.Momo Inc. has volume of 712,291 shares. Since May 16, 2017 MOMO has risen 5.20% and is uptrending. 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. On Tuesday, February 20 Citigroup initiated Momo Inc. (NASDAQ:MOMO) rating. Citigroup has “Buy” rating and $40.0 target. On Monday, March 19 the stock of Momo Inc. (NASDAQ:MOMO) has “Buy” rating given by Bank of America. On Wednesday, March 28 the rating was initiated by Morgan Stanley with “Buy”. The stock rating was upgraded by J.P. Morgan to “Buy” on Friday, January 26. On Tuesday, January 2 UBS initiated Momo Inc. (NASDAQ:MOMO) with “Hold” rating. On Monday, January 29 the company was upgraded by JP Morgan. The stock rating was maintained by Jefferies with “Buy” on Tuesday, January 23.

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.24.33 is the P/E ratio. 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 posted by: Streetinsider.com on May 15, 2018 with title “Viking Global’s 13F Shows New Stakes in Alibaba (BABA), BioMarin (BMRN) and Western Digital (WDC), Increase in …”. The other Prnewswire.com‘s article was titled “Momo to Report First Quarter 2018 Results on May 29, 2018” and posted on May 14, 2018.

Momo Inc. (NASDAQ:MOMO) Analyst Ratings Chart

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