ATRenew Inc expected to post earnings of 41  fen a share - Earnings Preview

ATRenew

21/08/2023 13:40

* ATRenew Inc  RERE.N   RERE.K  is expected to show a rise
in
quarterly revenue when it reports  results on August 23. 
    * The Shanghai-based  company is expected to report  a
54.3% increase in revenue to CNY2.861 billion from CNY1.85
billion a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for ATRenew Inc is for
earnings of 41 fen per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "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 ATRenew Inc
is
$12.1​, above​ its last closing price of $2.39. ​​​

This summary was machine generated August 21 at 12:40 GMT.  All
figures in Chinese yuan renminbi  unless otherwise stated