Smart Share Global Ltd expected to post earnings of 11 fen a share - Earnings Preview

Smart Share Global

16/08/2024 01:53

* Smart Share Global Ltd  EM.OQ   EM.O  is expected to show
a fall
in quarterly revenue when it reports  results on August 22 for
the period ending June 30 2024
    * The Shanghai-based  company is expected to report a
59.0% decrease in revenue to CNY425 million from CNY1.04 billion
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Smart Share Global Ltd
is for
earnings of 11 fen per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The average consensus recommendation for the phones &
handheld
devices peer group is  "Buy".​
    * Wall Street's median 12-month price target for Smart Share
Global Ltd is $1.74​, above​ its last closing price of $0.73.
​​​

This summary was machine generated August 16 at 00:53 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)