Brokers Offer Predictions for Qutoutiao Inc’s Q3 2018 Earnings (QTT)

Qutoutiao Inc (NASDAQ:QTT) – KeyCorp issued their Q3 2018 earnings per share (EPS) estimates for Qutoutiao in a report released on Tuesday, October 9th. KeyCorp analyst H. Chung anticipates that the company will earn ($0.12) per share for the quarter. KeyCorp currently has a “Overweight” rating and a $11.00 price objective on the stock. KeyCorp also issued estimates for Qutoutiao’s Q4 2018 earnings at ($0.11) EPS, FY2018 earnings at ($0.64) EPS, Q1 2019 earnings at ($0.23) EPS, Q2 2019 earnings at ($0.07) EPS, Q3 2019 earnings at ($0.01) EPS, Q4 2019 earnings at $0.06 EPS, FY2019 earnings at ($0.24) EPS, Q1 2020 earnings at ($0.21) EPS, Q2 2020 earnings at $0.11 EPS, Q3 2020 earnings at $0.21 EPS, FY2020 earnings at $0.43 EPS and FY2021 earnings at $1.28 EPS.

Separately, Deutsche Bank initiated coverage on shares of Qutoutiao in a report on Thursday. They set a “hold” rating and a $8.00 target price for the company.

QTT stock opened at $7.20 on Thursday. Qutoutiao has a 52-week low of $6.53 and a 52-week high of $20.39.

Qutoutiao Company Profile

Qutoutiao Inc develops an application for news in China. Qutoutiao Inc was formerly known as Qtech Ltd. and changed its name to Qutoutiao Inc in July 2018. The company was founded in 2016 and is based in Shanghai, China.

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Earnings History and Estimates for Qutoutiao (NASDAQ:QTT)

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