• Webtoon Entertainment Inc WBTN.OQ reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended December 31. The mean expectation of six analysts for the quarter was for a loss of 34 cents per share. Wall Street expected results to range from -73 cents to -8 cents per share.

• Revenue was $352.85 million​; analysts expected $354.43 million.

• Webtoon Entertainment Inc's reported EPS for the quarter was a loss of 72 cents​.

• The company reported a quarterly loss of $92.97 million.

• Webtoon Entertainment Inc shares had fallen by 26.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 159% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the online services peer group is also "buy"

Wall Street's median 12-month price target for Webtoon Entertainment Inc is $20.25

This summary was machine generated from LSEG data February 26 at 07:31 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)