Profits of CNY1.14 per share anticipated for second quarter

GreenTree Hospitality

13/09/2021 03:53

13 September 202102:52 a.m. All figures in Chinese yuan
renminbi. 
GreenTree Hospitality Group Ltd is expected to show an increase
in its second quarter earnings to CNY1.14​ per share according
to the mean Refinitiv estimate from three analysts. Wall Street
expects results to range from CNY1.10 to ​CNY1.18 per share.  
 
RECOMMENDATIONS 
* The consensus recommendation for the company is "Buy". This
includes two "Strong Buy",  two "Buy",  one "Hold". 
* The average consensus recommendation for the hotels, motels &
cruise lines peer group is also "Buy". 
 
FORECAST CHANGES
* Three analysts are currently providing Refinitiv with
estimates. 
* In the last week there have been no earnings estimate
revisions by analysts covering the company. There were no
changes to the number of estimates.
* In the last four weeks the earnings per share estimate   is
unchanged  from CNY1.14.  Estimates ranged from a high of
CNY1.18 to a low of CNY1.10.  There has been no changes to the
number of estimates.
* The StarMine predicted earnings surprise is too low to be
considered statistically significant. Predicted revenue surprise
is too low to be significant.
* The average price target from the three analysts providing
estimates is $16.65.
 
YEAR OVER YEAR
* The company is expected to report a rise in revenue to
CNY317.82 million from CNY215.99 million in the same quarter
last year.
* The current quarter consensus estimate of  CNY1.14 per share  
implies a gain of 58.33 percent from the same quarter last
year when the company reported 72 fen per share.
* Previous quarterly performance (using preferred earnings
measure)
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2021      0.26           0.29           Beat
 Mar. 31 2021      0.27           0.29           Beat
 Dec. 31  2020     0.31           0.35           Beat
 Sep. 30 2020      0.32           0.41           Beat
 
This summary was machine generated from Refinitiv data September
13 at 02:52 a.m