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

Hello

08/12/2022 14:30

* Hello Group Inc  MOMO.OQ  reported quarterly adjusted
earnings
of CNY2.60​​ per share for the quarter ended in September. The
mean expectation of nine analysts for the quarter was
for earnings of CNY2.14 per share.
    * Revenue fell 14% to CNY3.23 billion from a year ago;
analysts
expected CNY3.13 billion. 
    * Hello Group Inc's reported EPS for the quarter was
CNY2.13​.
    * The mean earnings estimate of analysts had risen by
about 0.6%
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 13.6% this quarter and
lost 33.9% so far this year.
    * The company reported quarterly net income of CNY450.84
million.
    * Wall Street's median 12-month price target for Hello Group
Inc
is $6.85 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data December
8 at 02:30 p.m.  ​All figures in Chinese yuan renminbi unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      2.14           2.60           Beat
 Jun. 30 2022      1.70           2.22           Beat
 Mar. 31 2022      1.60           1.94           Beat
 Dec. 31 2021      1.66           1.38           Missed