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Hello Group Inc reports results for the quarter ended December 31 - Earnings Summary

Hello Group Inc MOMO.OQ reported quarterly adjusted earnings of CNY1.30​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of CNY2.64.  The mean expectation of four analysts for the quarter was for earnings of CNY1.76 per share. Wall Street expected results to range from CNY1.47  to CNY2.25 per share.

Revenue fell 12.2% to CNY2.64 billion from a year ago; analysts expected CNY2.60 billion.

Hello Group Inc's reported EPS for the quarter was 53 fen​.

The company reported quarterly net income of CNY187.24 million.

Hello Group Inc shares had fallen by 3.8% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 2.8% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell."

The average consensus recommendation for the software peer group is also "buy"

Wall Street's median 12-month price target for Hello Group Inc is $7.55

This summary was machine generated from LSEG data March 12 at 01:30 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Dec. 31 20241.761.30Missed
Sep. 30 20241.862.70Beat
Jun. 30 20242.002.38Beat
Mar. 31 20242.100.31Missed

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