* Ke Holdings Inc reported quarterly adjusted earnings of CNY1.53 per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of CNY1.81. The mean expectation of nine analysts for the quarter was for earnings of CNY1.57 per share. Wall Street expected results to range from CNY1.24 to CNY2.36 per share.
* Revenue rose 26.8% to CNY22.58 billion from a year ago; analysts expected CNY23.46 billion.
* Ke Holdings Inc's reported EPS for the quarter was CNY1.00.
* The company reported quarterly net income of CNY1.17 billion.
* Ke Holdings Inc shares had risen by 1.6% this quarter and gained 24.8% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 6.1% in the last three months.
* In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 19 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the real estate services peer group is also "buy"
Wall Street's median 12-month price target for Ke Holdings Inc is $23.90 This summary was machine generated from LSEG data November 21 at 02:30 p.m. UTC. All figures in Chinese yuan renminbi 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 1.57 1.53 Missed
Jun. 30 2024 1.52 2.28 Beat
Mar. 31 2024 0.90 1.18 Beat
Dec. 31 2023 1.31 1.45 Beat
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