Smart Share Global Ltd expected to post a loss of 43  fen a share - Earnings Preview

Smart Share Global

19/08/2022 01:32

* Smart Share Global Ltd  EM.OQ   EM.O  is expected to show
a fall
in quarterly revenue when it reports  results on August 22
(estimated). 
    * The Shanghai-based  company is expected to report  a
28.7% decrease in revenue to CNY693.009 million from CNY972.35
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Smart Share Global
Ltd is
for a loss of 43 fen per share. For the same quarter last year,
the company reported earnings of 7 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 average consensus recommendation for the phones &
handheld
devices peer group is also "Buy".​
    * Wall Street's median 12-month price target for Smart Share
Global Ltd is $2​, above​ its last closing price of $1.06. ​​​

This summary was machine generated August 19 at 00:32 GMT.  All
figures in Chinese yuan renminbi  unless otherwise stated