Xiaomi (XIACF) Projected to Post Quarterly Earnings on Tuesday

Xiaomi (OTCMKTS:XIACFGet Free Report) is anticipated to announce its results before the market opens on Tuesday, March 24th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $17.8358 billion for the quarter.

Xiaomi Stock Performance

Shares of XIACF stock opened at $4.21 on Monday. The company has a 50 day moving average of $4.54 and a 200-day moving average of $5.43. Xiaomi has a 12-month low of $3.93 and a 12-month high of $9.00.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group lowered Xiaomi from a “buy” rating to a “hold” rating in a report on Wednesday, December 17th. One equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Xiaomi has a consensus rating of “Moderate Buy”.

View Our Latest Research Report on Xiaomi

More Xiaomi News

Here are the key news stories impacting Xiaomi this week:

Xiaomi Company Profile

(Get Free Report)

Xiaomi Corporation, founded in April 2010 by entrepreneur Lei Jun and a group of partners, is a Chinese multinational electronics company headquartered in Beijing. The company began with the launch of its proprietary MIUI operating system and quickly expanded into hardware design and manufacturing. Over the past decade, Xiaomi has established itself as one of the world’s leading smartphone vendors, focusing on delivering high-performance devices at competitive price points.

In addition to its core smartphone business, Xiaomi operates two main hardware sub-brands: Mi and Redmi.

Featured Stories

Receive News & Ratings for Xiaomi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xiaomi and related companies with MarketBeat.com's FREE daily email newsletter.