Investing.com - Hello Group reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Hello Group announced earnings per share of 1.42 on revenue of 3.15B. Analysts polled by Investing.com anticipated EPS of 1.54 on revenue of 3.14B.
Hello Group shares are down 21.49% from the beginning of the year and are trading at 6.24 , down-from-52-week-high.They are outperforming the Nasdaq which is down 22.18% from the start of the year.
Hello Group follows other major Communication Services sector earnings this month
Hello Group's report follows an earnings missed by Tencent ADR on Wednesday, May 18, 2022, who reported EPS of 0.3552 on revenue of 20.02B, compared to forecasts EPS of 0.4734 on revenue of 21.81B.
Walt Disney had missed expectations on Wednesday, May 11, 2022 with second quarter EPS of 1.08 on revenue of 20.27B, compared to forecast for EPS of 1.19 on revenue of 20.05B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar