Hello Group Inc expected to post earnings of CNY1.70 a share - Earnings Preview

Hello

22/08/2022 14:13

* Hello Group Inc  MOMO.OQ   MOMO.O  is expected to show a
fall in
quarterly revenue when it reports  results on September 1. 
    * The Beijing-based  company is expected to report  a
16.7% decrease in revenue to CNY3.059 billion from CNY3.67
billion a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Hello Group Inc is
for
earnings of CNY1.70 per share. For the same quarter last year,
the company reported earnings of CNY2.54 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 7
"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 Hello Group
Inc
is $8​, above​ its last closing price of $4.48. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in Chinese yuan renminbi). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  1.60        1.60       1.94      Beat    21.3
 Dec. 31 2022  1.73        1.66       1.38      Missed  -16.9
 Sep. 30 2021  2.03        2.02       2.61      Beat    29.3​
 Jun. 30 2021  2.18        2.19       2.54      Beat    16.1
 ​​Mar.        2.36        2.34       2.91      Beat    24.4
 31 2021                                                
 Dec. 31 2020  2.77        2.72       3.72      Beat    36.9​
 Sep. 30 2020  2.56        2.53       2.98      Beat    18
 Jun. 30 2020  3.02        2.95       3.05      Beat    3.2
 This summary was machine generated August 22 at 13:13 GMT.  All
figures in Chinese yuan renminbi  unless otherwise stated