Hello Group Inc MOMO.OQ MOMO.O is expected to show a fall in quarterly revenue when it reports results on March 12 for the period ending December 31 2024
The Beijing-based company is expected to report a 13.3% decrease in revenue to CNY2.604 billion from CNY3 billion a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on December 9 2024, for the period ended December 31, was for revenue between CNY2.56 billion and CNY2.66 billion.
LSEG's mean analyst estimate for Hello Group Inc is for earnings of CNY1.76 per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 3 "hold" and 1 "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 $7.70, above its last closing price of $7.65.
Previous quarterly performance (using preferred earnings measure in Chinese yuan renminbi).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 1.91 | 1.86 | 2.70 | Beat | 45.4 |
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. 30 2023 | 2.57 | 2.57 | 3.14 | Beat | 22.2 |
Mar. 31 2023 | 1.90 | 1.91 | 2.36 | Beat | 23.4 |
Dec. 31 2022 | 1.95 | 1.96 | 2.46 | Beat | 25.7 |
This summary was machine generated March 10 at 12:36 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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