Hello Group Inc expected to post earnings of CNY2.49 a share - Earnings Preview

Hello

06/12/2023 13:33

* Hello Group Inc  MOMO.OQ   MOMO.O  is expected to show a
fall in
quarterly revenue when it reports  results  for the period
ending June 30 2023
    * The Beijing-based  company is expected to report a
8.6% decrease
in revenue to CNY2.955 billion from CNY3.23 billion a year ago,
according to the mean estimate from 7 analysts, based on LSEG
data.The company's guidance on August 31 2023, for the period
ended September 30, was for revenue between CNY2.90 billion and
CNY3.00 billion.
    * ​LSEG's mean analyst estimate for Hello Group Inc is for
earnings of CNY2.49 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "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 $9.75​, above​ its last closing price of $6.55. ​​​

Previous quarterly performance (using preferred earnings measure
in Chinese yuan renminbi). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2023  2.57        2.57       3.14      Beat    22.2
 Mar. 31 2023  1.90        1.91       2.36      Beat    23.4
 Dec. 31 2022  1.95        1.96       2.46      Beat    25.7​
 Sep. 30 2022  2.14        2.14       2.60      Beat    21.7
 ​​Jun.        1.69        1.70       2.22      Beat    31
 30 2022                                                
 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. 30 2021  2.03        2.02       2.61      Beat    29.3
 This summary was machine generated December 6 at 13:32 GMT.  All
figures in Chinese yuan renminbi 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)