Huami Corporation (NYSE:HMI) is reporting second quarter financial results on Tuesday 18th August 2020, before market open.
According to analysts surveyed by Thomson Reuters, HMI is expected to report 2Q20 income of $ 0.05 per share from revenue of $ 184.71 million.
For the full year, analysts anticipate top line of $ 935.09 million, while looking forward to income of $ 1.02 per share bottom line.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 141.23 million ~ $ 148.29 million
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Previous Quarter Performance
Huami Corporation reported income for the first quarter of $ 0.06 per share, from the revenue of $ 153.72 million. The quarterly earnings shrunk 71.43 percent while revenues hiked 35.77 percent compared with the same quarter last year.
According to street consensus, HMI was expected to report 1Q20 income of $ 0.17 per share from revenue of $ 151.76 million. The bottom line results missed street analysts by $ 0.11 or 64.71 percent, at the same time, top line results outshined analysts by $ 1.96 million or 1.29 percent.
Historical Earnings Performance
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Stock Performance
The company has a market capital of $ 896.47 million and is part of the Technology sector and Scientific & Technical Instruments industry.
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Conference Call
Huami Corporation will be hosting a conference call at 8:00 AM eastern time on 18th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.huami.com
Huami Corporation, a biometric and activity data-driven company, develops, manufactures, and sells smart wearable technological devices in the Peoples Republic of China. It operates through two segments, Xiaomi Wearable Products, and Self-Branded Products and Others. The company offers smart bands, watches, and scales; and a range of accessories, including bands, watch straps, necklaces, sportswear, etc.