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

Smart Share Global

08/09/2022 12:41

* Smart Share Global Ltd  EM.OQ  reported a quarterly
adjusted
loss of 10 fen​​ per share for the quarter ended in June. The
lone analyst forecast for the quarter was for a loss of 43 fen
per share.
    * Revenue fell 29% to CNY690.53 million from a year ago;
analysts
expected CNY693.01 million. 
    * 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 19.6% this
quarter and lost 38.9% so far this year.
    * The company reported a quarterly loss of CNY27.55 million.
    * Wall Street's median 12-month price target for Smart Share
Global Ltd is $2.00 
    * 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." 

This summary was machine generated from Refinitiv data September
8 at 11:41 a.m.  ​All figures in Chinese yuan renminbi unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.43          -0.10          Beat
 Dec. 31 2021      -0.26          -0.12          Beat
 Sep. 30 2021      -0.08          -0.28          Missed