ATRenew Inc expected to post earnings of 50 fen a share - Earnings Preview

ATRenew

16/08/2024 13:44

* ATRenew Inc  RERE.N   RERE.K  is expected to show a rise
in
quarterly revenue when it reports  results on August 20 for the
period ending June 30 2024
    * The Shanghai-based  company is expected to report a
41.0% increase in revenue to CNY3.719 billion from CNY2.64
billion a year ago, according to the estimate from one analyst,
based on LSEG data.
    * ​LSEG's mean analyst estimate for ATRenew Inc is for
earnings of
50 fen per share. 
    * The one available analyst rating on the shares is "strong
buy".  
    * 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
$3.15​, above​ its last closing price of $2.74. ​​​

This summary was machine generated August 16 at 12:44 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)