RLX Technology Inc expected to post earnings of 14 fen a share - Earnings Preview

RLX Technology

13/03/2024 12:44

* RLX Technology Inc  RLX.N   RLX  is expected to show a
rise in
quarterly revenue when it reports  results on March 15 for the
period ending December 31 2023
    * The Beijing-based  company is expected to report a
40.6% increase in revenue to CNY478.035 million from CNY340.01
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for RLX Technology Inc is
for
earnings of 14 fen per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for RLX
Technology
Inc is $2.53​, above​ its last closing price of $1.90. ​​​

This summary was machine generated March 13 at 12:44 GMT.  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)