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

Smart Share Global

21/08/2023 13:08

* Smart Share Global Ltd  EM.OQ  reported quarterly adjusted
earnings of 12 fen​​ per share for the quarter ended in June.
The mean expectation of two analysts for the quarter was
for earnings of 19 fen per share.
    * Revenue rose 50% to CNY1.04 billion from a year ago;
analysts
expected CNY1.09 billion. 
    * Smart Share Global Ltd's reported EPS for the quarter was
10
fen​.
    * The mean earnings estimate of analysts had risen by
about 428.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Smart Share Global Ltd shares had fallen by 2.6% this
quarter and lost 16.7% so far this year.
    * The company reported quarterly net income of CNY24.52
million.
    * Wall Street's median 12-month price target for Smart Share
Global Ltd is $1.90 
    * 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 LSEG Refinitiv data
August 21 at 12:08 p.m. UTC. ​All figures in Chinese yuan
renminbi unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.19           0.12           Missed
 Mar. 31 2023      -0.12          0.07           Beat
 Dec. 31 2022      -0.41          -1.26          Missed
 Sep. 30 2022      -0.18          -0.34          Missed