HUYA and Home Depot Surpass Estimates, Unveil Share Buyback Programs
- August 15th, 2023
- 394 views
HUYA Inc. (NYSE: HUYA), a leading game live streaming platform in China, posted second-quarter 2023 adjusted earnings per American depositary share (ADS) of $0.06, surpassing the consensus estimate of $0.01. The company's quarterly sales amounted to $251.20 million, exceeding analysts' forecasted revenue of $288.24 million for the period.
Additionally, HUYA's board of directors approved a share repurchase program, enabling the company to potentially repurchase up to US$100 million of its ADSs or ordinary shares within the next 12 months.
$HUYA was trading at $2.87 in pre-market, up $0.18 (+6.69%).
In other news, The Home Depot, Inc. (NYSE: HD), a leading home improvement retailer, reported Q2 fiscal 2023 earnings of $4.65 per share, surpassing the consensus EPS estimate of $4.46. The company revealed quarterly sales of $42.92 billion, outpacing analysts' projections of $42.25 billion in revenue for the period.
Moreover, the board of directors has greenlit a new $15 billion share buyback program, effective August 15, 2023, replacing the previous authorization.
In pre-market, $HD was trading at $329.21, reflecting a slight decrease of $0.74 (-0.22%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Tags
Post Your Comments
Want To Find Some News?
Recent Posts
-
NJCP Football League Provides Development and Opportunity for Athletes Pursuing the Next Level
March 20th, 2026March 19th, 2026How High School Graduates Can Kickstart Their Football Career
March 18th, 2026




Member Login