GreenTree Hospitality Group Ltd expected to post earnings of CNY1.14 a share - Earnings Preview

GreenTree Hospitality

03/11/2021 09:45

* GreenTree Hospitality Group Ltd  GHG.N   GHG  is expected
to show a rise in quarterly revenue when it reports  results on
November 2 (estimated). 
* The Shanghai-based company is expected to report  a
47.1% increase in revenue to CNY317.817 million from CNY215.99
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for GreenTree Hospitality
Group Ltd is for earnings of CNY1.14 per share. For the same
quarter last year, the company reported earnings of 72 fen per
share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for GreenTree
Hospitality Group Ltd is $16​, about 49.3% above​ its last
closing price of $8.12. ​​​
* Previous quarterly performance (using preferred earnings
measure in Chinese yuan renminbi). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 312021   0.18        0.28       0.43      Beat    56.4
 Dec. 312021               1.16       1.06      Missed  -8.6
 Sep. 302020   0.99        1.03       0.90      Missed  -12.6​
 Jun. 302020   0.79        0.78       0.72      Missed  -7.3
 ​​Mar.        0.08        0.09       0.27      Beat    217.6
 312020                                                 
 Dec. 312019   1.25        1.13       1.14      Beat    0.9​
 Sep. 302019   1.43        1.42       1.05      Missed  -26
 Jun. 302019   1.24        1.26       0.18      Beat    1
 This summary was machine generated November 3 at 09:45 GMT.  All
figures in Chinese yuan renminbi unless otherwise stated