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

Hello

24/03/2022 13:30

* Hello Group Inc  MOMO.OQ  reported quarterly adjusted
earnings
of CNY1.38​​ per share for the quarter ended in December. The
mean expectation of six analysts for the quarter was
for earnings of CNY1.66 per share.
    * Revenue fell 99.4% to CNY24.34 million from a year ago; 
analysts expected CNY3.62 billion. 
    * Hello Group Inc's reported EPS for the quarter was a loss
of
CNY21.50​.
    * The mean earnings estimate of analysts had risen by
about 4.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Hello Group Inc shares had fallen by 16.5% this quarter.
    * The company reported a quarterly loss of CNY4.24 billion.
    * Wall Street's median 12-month price target for Hello Group
Inc
is $14.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 13
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 24 at 01:30 p.m.  ​All
figures in Chinese yuan renminbi unless otherwise stated