ATRenew Inc expected to post earnings of 55 fen a share - Earnings Preview

ATRenew

18/11/2024 13:32

* ATRenew Inc  RERE.N   RERE.K  is expected to show a rise
in
quarterly revenue when it reports  results on November 20 for
the period ending September 30 2024
    * The Shanghai-based  company is expected to report a
23.4% increase in revenue to CNY4.018 billion from CNY3.26
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
55 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 $2.39. ​​​

This summary was machine generated November 18 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)