• Weibo Corp WB.OQ reported quarterly adjusted earnings of 40 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 31 cents. The mean expectation of nine analysts for the quarter was for earnings of 40 cents per share. Wall Street expected results to range from 38 cents to 44 cents per share.

• Revenue fell 1.5% to $456.83 million from a year ago; analysts expected $452.45 million.

• Weibo Corp's reported EPS for the quarter was 4 cents​.

• The company reported quarterly net income of $8.87 million.

• Weibo Corp shares had risen by 12.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.4% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 10 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the online services peer group is also "hold"

Wall Street's median 12-month price target for Weibo Corp is $10.50

This summary was machine generated from LSEG data March 13 at 01:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)