Smart Share Global Ltd expected to post a loss of 41 fen a share - Earnings Preview

Smart Share Global

13/03/2023 24:32

* Smart Share Global Ltd  EM.OQ   EM.O  is expected to show
a fall
in quarterly revenue when it reports  results on March 15
(estimated). 
    * The Shanghai-based  company is expected to report  a
16.6% decrease in revenue to CNY677.479 million from CNY812.07
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. The company's guidance on
December 20 2022, for the period ended December 31, was for
revenue between CNY550.00 million and CNY570.00 million.
    * ​Refinitiv's mean analyst estimate for Smart Share Global
Ltd is
for a loss of 41 fen per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 Smart Share
Global Ltd is $1.8​, above​ its last closing price of $1.34. ​​​

This summary was machine generated March 13 at 00:32 GMT.  All
figures in Chinese yuan renminbi  unless otherwise stated