T.H. Capital - Weibo Corp Sponsored ADR Class A (WB) WB: Expect Slightly Higher 1Q19 Revenue; Multiple Challenges in 2019; Maintain Buy Rating

Report

T.H. Capital

Tian Hou

EUR 214.35 For Business Accounts Only

WB: Expect Slightly Higher 1Q19 Revenue; Multiple Challenges in 2019; Maintain Buy Rating

WB will report 1Q19 results on May 23^rd before the markets open with a 7am EST conference call. Based on our data and calculations, we believe the company’s 1Q19 revenue is likely to be slightly higher than consensus at $398.8M and within the guidance range of $395M - $405M. Also, WB didn’t have additional spending in 1Q19; therefore, we do believe there can be some margin leverage.

20/05/2019 1 EN

Underlying

Weibo Corp Sponsored ADR Class A

See profile

US9485961018 NASDAQ Stock Market United States

Provider

T.H. Capital

T.H. Capital is an independent research and investment advisory firm specializing in China. We offers real-time, on-the-ground, bottom-up research across a wide spectrum from macro and industry analysis to company specific projects; from China ADRs to international names that have meaningful exposure to China market. We deliver relevant, comprehensive and data driven research adding immense value to clients.

See profile

Analysts

Tian Hou

Other Reports on these Companies

New Street Research

WB 2Q25 Results: 2H Could be Challenging for Ads

What’s new: Weibo’s reported 2Q25 results that were above consensus and our expectations. Ad rev growth in 2H could be challenging partly due to tougher comps from Summer Olympics and uncertainties in key verticals such as smartphone and online games. Despite near-term uncertainties, ad rev growth could potentially bottom out in 2H as comps could start to ease heading into FY26. We slightly up our PT from USD12 to USD13 on a potential recovery of ads into FY26. Our updated PT of USD13 implies 6.9x FY26E P/E. We maintain our BUY rating. Analysts: Jin Yoon

18h / 55m 18h / 55m 1 EN

New Street Research

WB 1Q25 Results: Ad Rev Growth Could Remain Flat in 2Q

What’s new: Weibo’s reported 1Q25 results that were above consensus and our expectations. Ad rev growth could remain flat YoY in 2Q as resiliency in verticals such as 3C, and e-commerce could be offset by continued YoY decline in gaming. Margins could also continue to be impacted by AI investments. We maintain our PT at USD12. Analysts: Jin Yoon

May 22, 2025 May 22, 2025 1 EN

New Street Research

WB 1Q25 Preview: Near Term Outlook Remains Intact

What’s New: We maintain our 1Q25 and FY25 estimates as near-term outlook remains intact. Analysts: Jin Yoon

April 22, 2025 April 22, 2025 1 EN

TCOM: TCOM’s Potential Better 4Q2024 Performance and Better Long-Term Growth Outlook

Based on our data, TCOM is set to deliver strong 4Q2024 results, exceeding market expectations, with Accommodation and Transportation Revenue growth serving as the primary drivers of its performance. Coupled with additional contributing factors, the company’s solid trajectory underscores its ability to capitalize on the recovery in the global travel industry. While the short-term drivers are promising, the long-term outlook is equally compelling. As younger travelers fuel demand across high-growth regions, TCOM has the potential to solidify its leadership in the travel industry. By continuing ...

Free Trial

February 19, 2025 February 19, 2025 5 EN

Tian Hou

Tian Hou

BILI: Cautious On Long-Term Outlook Due To Competition And Market Saturation

While we are neutral about BILI's 2Q24 performance as the better Y/Y growth in the advertising business was offset by slower growth in other parts of the business, the company’s long-term growth faces headwinds.

Free Trial

August 8, 2024 August 8, 2024 5 EN

Tian Hou

Tian Hou

BIDU: Expect In Line 2Q24 Results; Monetization In AI Is Taking Time To Drive Overall Growth

Baidu's business seems to be at a crossroads. Its AI initiatives have not yet delivered the expected results to become BIDU’s growth driver, and China's economic downturn has further hindered its search advertising growth.

Free Trial

August 8, 2024 August 8, 2024 5 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

WB: Expect Slightly Higher 1Q19 Revenue; Multiple Challenges in 2019; Maintain Buy Rating

WB 2Q25 Results: 2H Could be Challenging for Ads

WB 1Q25 Results: Ad Rev Growth Could Remain Flat in 2Q

WB 1Q25 Preview: Near Term Outlook Remains Intact

TCOM: TCOM’s Potential Better 4Q2024 Performance and Better Long-Term Growth Outlook

BILI: Cautious On Long-Term Outlook Due To Competition And Market Saturation

BIDU: Expect In Line 2Q24 Results; Monetization In AI Is Taking Time To Drive Overall Growth

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe