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

Hello

01/09/2022 14:31

* Hello Group Inc  MOMO.OQ  reported quarterly adjusted
earnings
of CNY2.22​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of CNY1.70 per share.
    * Revenue fell 15.3% to CNY3.11 billion from a year ago;
analysts
expected CNY3.06 billion. 
    * Hello Group Inc's reported EPS for the quarter was
CNY1.56​.
    * The mean earnings estimate of analysts had fallen by
about 10.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Hello Group Inc shares had risen by 2.0% this quarter and
lost 35.2% so far this year.
    * The company reported quarterly net income of CNY345.57
million.
    * Wall Street's median 12-month price target for Hello Group
Inc
is $8.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data September
1 at 01:31 p.m.  ​All figures in Chinese yuan renminbi unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.70           2.22           Beat
 Mar. 31 2022      1.60           1.94           Beat
 Dec. 31 2021      1.66           1.38           Missed
 Sep. 30 2021      2.02           2.61           Beat