ATRenew Inc reports results for the quarter ended June 30 - Earnings Summary
ATRenew Inc reports results for the quarter ended June 30 - Earnings Summary
ATRenew Inc RERE.N reported quarterly adjusted earnings of 65 fen per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 41 fen. The lone analyst forecast for the quarter was for earnings of 89 fen per share.
Revenue rose 32.4% to CNY6.61 billion from a year ago; analysts expected CNY6.36 billion.
ATRenew Inc's reported EPS for the quarter was 53 fen.
The company reported quarterly net income of CNY129.13 million.
ATRenew Inc shares had risen by 18.6% this quarter and lost 13.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the department stores peer group is also "buy"
Wall Street's median 12-month price target for ATRenew Inc is $6.61, about 30.6% above its last closing price of $4.59
This summary was machine generated from LSEG data August 20 at 01:31 p.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.89 | 0.65 | Missed |
Mar. 31 2026 | 0.07 | 0.58 | Beat |
| 0.86 | ||
Sep. 30 2025 | 0.60 | 0.45 | Missed |
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