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RLX RLX Technology News Story

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RLX Technology Inc expected to post earnings of 20 fen a share - Earnings Preview

RLX Technology Inc RLX.N, RLX is expected to show a rise in quarterly revenue when it reports  results on March 14 for the period ending December 31 2024

The Shenzhen Guangdong-based  company is expected to report a 46.9% increase in revenue to CNY764.69 million from CNY520.47 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 20 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 $2.80​, above​ its last closing price of $2.28. ​​​

This summary was machine generated March 12 at 12:35 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)

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