Hello Group Inc expected to post earnings of CNY1.96 a share - Earnings Preview

Hello

14/03/2023 13:19

* Hello Group Inc  MOMO.OQ   MOMO.O  is expected to show a
fall in
quarterly revenue when it reports  results on March 16. 
    * The Beijing-based  company is expected to report  a
13.2% decrease in revenue to CNY3.19 billion from CNY3.67
billion a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. The company's guidance on
December 8 2022, for the period ended December 31, was for
revenue between CNY3.15 billion and CNY3.25 billion.
    * ​Refinitiv's mean analyst estimate for Hello Group Inc is
for
earnings of CNY1.96 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 10
"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 $9.55​, above​ its last closing price of $8.59. ​​​

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  
 Sep. 30 2022  2.14        2.14       2.60      Beat    21.7
 Jun. 30 2022  1.69        1.70       2.22      Beat    31
 Mar. 31 2022  1.60        1.60       1.94      Beat    21.3​
 Dec. 31 2021  1.73        1.66       1.38      Missed  -16.9
 ​​Sep.        2.03        2.02       2.61      Beat    29.3
 30 2021                                                
 Jun. 30 2021  2.18        2.19       2.54      Beat    16.1​
 Mar. 31 2021  2.36        2.34       2.91      Beat    24.4
 Dec. 31 2020  2.77        2.72       3.72      Beat    36.9
 This summary was machine generated March 14 at 13:19 GMT.  All
figures in Chinese yuan renminbi  unless otherwise stated