Cheche Group Inc reports results for the quarter ended September 30 - Earnings Summary

Cheche

26/11/2024 14:32

* Cheche Group Inc  CCG.OQ  reported quarterly breakeven
results​​
per share for the quarter ended September 30.  The lone analyst
forecast for the quarter was for a loss of 18 cents per share. 
    * Revenue was $121.20 million​; analysts expected $868.88
million. 
    * Cheche Group Inc's reported EPS for the quarter was 1
cent​.
    * The company reported quarterly net income of $578
thousand.
    * Cheche Group Inc shares had fallen by 6.5% this
quarter and
lost 86.6% so far this year.

FORECAST CHANGES
    * 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 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the property &
casualty
insurance peer group is also "buy"

Wall Street's median 12-month price target for Cheche Group Inc
is $2.50 
This summary was machine generated from LSEG data November 26 at
02:31 p.m. UTC. ​All figures in US dollars 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
 Sep. 30 2024      -0.18          0.00           Beat