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

Hello

26/08/2021 12:05

* Hello Group Inc  MOMO.OQ  reported quarterly adjusted earnings
of CNY2.54​​ per share for the quarter ended in June. The mean
expectation of eight analysts for the quarter was for earnings
of CNY2.19 per share.
* Revenue fell 5.1% to CNY3.67 billion from a year ago; 
analysts expected CNY3.63 billion. 
* Hello Group Inc's reported EPS for the quarter was CNY2.15​.
* The mean earnings estimate of analysts had fallen by
about 16.6% in the last three months.​ 
* In the last 30 days two analysts negatively revised earnings
estimates 
* Hello Group Inc shares had fallen by 15.7% this quarter and
lost 3.7% so far this year.
* The company reported quarterly net income of CNY464.16
million.
* Wall Street's median 12-month price target for Hello Group Inc
is $17.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 12 "strong buy" or "buy," 7
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated August 26 at 11:04 a.m.  ​All
figures in Chinese yuan renminbi unless otherwise stated