Hello Group Inc expected to post earnings of CNY1.86 a share - Earnings Preview

Reuters
06 Dec 2024

* Hello Group Inc is expected to show a fall in quarterly revenue when it reports results on December 9 for the period ending September 30 2024

* The Beijing-based company is expected to report a 14.5% decrease in revenue to CNY2.602 billion from CNY3.04 billion a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on September 3 2024, for the period ended September 30, was for revenue between CNY2.58 billion and CNY2.68 billion.

* ​LSEG's mean analyst estimate for Hello Group Inc is for earnings of CNY1.86 per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 7 "hold" and 2 "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for Hello Group Inc is $7.00​, above​ its last closing price of $6.62. ​​​

Previous quarterly performance (using preferred earnings measure in Chinese yuan renminbi). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 2.05 2.00 2.38 Beat 18.9

Mar. 31 2024 2.12 2.10 0.31 Missed -85.2

Dec. 31 2023 2.54 2.46 2.64 Beat 7.5​

Sep. 30 2023 2.42 2.49 3.05 Beat 22.7

​​Jun. 2.57 2.57 3.14 Beat 22.2

30 2023

Mar. 31 2023 1.90 1.91 2.36 Beat 23.4​

Dec. 31 2022 1.95 1.96 2.46 Beat 25.7

Sep. 30 2022 2.14 2.14 2.60 Beat 21.7

This summary was machine generated December 6 at 13:32 GMT. 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)

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