ATRenew Inc expected to post earnings of 52 fen a share - Earnings Preview

ATRenew

17/05/2024 13:47

* ATRenew Inc  RERE.N   RERE.K  is expected to show a rise
in
quarterly revenue when it reports  results on May 20 for the
period ending March 31 2024
    * The Shanghai-based  company is expected to report a
24.0% increase in revenue to $3.562 billion from $2.87 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
52 fen per share. 
    * The one available analyst rating on the shares is "strong
buy".  
    * The average consensus recommendation for the department
stores
peer group is also "Strong Buy".​
    * Wall Street's median 12-month price target for ATRenew Inc
is
$3.15​, above​ its last closing price of $2.91. ​​​

This summary was machine generated May 17 at 12:47 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)