Miniso Group Holding Ltd Reports Results For The Quarter Ended September 30: Earnings Summary

MINISO Holding

29/11/2024 14:30

* MINISO Group Holding Ltd  9896.HK  reported quarterly
adjusted
earnings of 55 fen​​ per share for the quarter ended September
30.  The lone analyst forecast for the quarter was for earnings
of 52 fen per share. 
    * Revenue was CNY4.52 billion​; analysts expected CNY4.56
billion. 
    * The company reported quarterly net income of CNY641.77
million.
    * MINISO Group Holding Ltd shares had fallen by 3.9% this
quarter and lost 9.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 5.5%
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 10 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the department
stores
peer group is also "buy"

Wall Street's median 12-month price target for MINISO Group
Holding Ltd is HK$46.28 
This summary was machine generated from LSEG data November 29 at
02:30 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 ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.52           0.55           Beat
 Jun. 30 2024      1.13           0.50           Missed