RLX Technology Inc RLX.N reported quarterly adjusted earnings of 19 fen per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 16 fen. The lone analyst forecast for the quarter was for earnings of 17 fen per share.
Revenue rose 46.5% to CNY808.30 million from a year ago; analysts expected CNY763.39 million.
RLX Technology Inc's reported EPS for the quarter was 17 fen.
The company reported quarterly net income of CNY222.04 million.
RLX Technology Inc shares had risen by 3.7% this quarter and lost 9.7% so far this year.
FORECAST CHANGES
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 1 "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 $2.58
This summary was machine generated from LSEG data May 16 at 01:31 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)