RLX Technology Inc expected to post earnings of 3  fen a share - Earnings Preview

RLX Technology

16/08/2023 14:02

* RLX Technology Inc  RLX.N   RLX  is expected to show a
fall in
quarterly revenue when it reports  results on August 18. 
    * The Beijing-based  company is expected to report  a
84.5% decrease in revenue to CNY347.36 million from CNY2.23
billion a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for RLX Technology Inc
is for
earnings of 3 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 average consensus recommendation for the tobacco peer
group
is also "Buy".​
    * Wall Street's median 12-month price target for RLX
Technology
Inc is $3.33​, above​ its last closing price of $1.53. ​​​

This summary was machine generated August 16 at 13:02 GMT.  All
figures in Chinese yuan renminbi  unless otherwise stated