WEBTOON Entertainment (NASDAQ:WBTN – Get Free Report) will be announcing its earnings results after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of ($0.48) per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.
WEBTOON Entertainment (NASDAQ:WBTN – Get Free Report) last issued its earnings results on Thursday, August 8th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of ($0.72) by $0.92. The company had revenue of $320.97 million during the quarter, compared to analyst estimates of $340.72 million. The business’s revenue was up .1% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.01) earnings per share. On average, analysts expect WEBTOON Entertainment to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
WEBTOON Entertainment Stock Performance
Shares of WEBTOON Entertainment stock opened at $11.17 on Tuesday. WEBTOON Entertainment has a twelve month low of $10.22 and a twelve month high of $25.66. The business’s 50 day moving average is $11.40.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on WBTN
Insider Activity at WEBTOON Entertainment
In other news, insider Junkoo Kim purchased 22,596 shares of the firm’s stock in a transaction on Friday, August 16th. The stock was purchased at an average cost of $11.88 per share, with a total value of $268,440.48. Following the purchase, the insider now owns 905,070 shares in the company, valued at $10,752,231.60. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other WEBTOON Entertainment news, insider Junkoo Kim purchased 22,596 shares of the company’s stock in a transaction on Friday, August 16th. The shares were purchased at an average cost of $11.88 per share, for a total transaction of $268,440.48. Following the completion of the transaction, the insider now owns 905,070 shares in the company, valued at $10,752,231.60. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Namsun Kim purchased 7,195 shares of the business’s stock in a transaction on Wednesday, August 21st. The stock was acquired at an average cost of $13.90 per share, with a total value of $100,010.50. Following the completion of the acquisition, the director now directly owns 7,195 shares in the company, valued at $100,010.50. The disclosure for this purchase can be found here. Insiders have purchased 56,526 shares of company stock worth $710,459 over the last quarter.
WEBTOON Entertainment Company Profile
WEBTOON Entertainment Inc operates a storytelling platform worldwide. The company’s platform allows a community of creators and users to discover, create, and share new content. Its platform offers stories primarily in two ways, including web-comics, a graphical comic-like medium; and web-novels, which are text-based stories.
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