Smart Share Global Ltd reports results for the quarter ended in December - Earnings Summary

Smart Share Global

21/04/2023 13:30

* Smart Share Global Ltd  EM.OQ  reported a quarterly
adjusted
loss of CNY1.26​​ per share for the quarter ended in December.
The mean expectation of two analysts for the quarter was for a
loss of 41 fen per share.
    * Revenue fell 26.7% to CNY595.62 million from a year ago;
analysts expected CNY677.48 million. 
    * Smart Share Global Ltd's reported EPS for the quarter was
a loss
of CNY1.28​.
    * The mean earnings estimate of analysts had fallen by
about 355.6% in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Smart Share Global Ltd shares had fallen by 0.9% this
quarter and lost 3.5% so far this year.
    * The company reported a quarterly loss of CNY334.55
million.
    * Wall Street's median 12-month price target for Smart Share
Global Ltd is $1.80 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 21 at 12:30 p.m. UTC. ​All figures in Chinese yuan
renminbi unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.41          -1.26          Missed
 Sep. 30 2022      -0.18          -0.34          Missed
 Jun. 30 2022      -0.43          -0.69          Missed