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

Smart Share Global

21/06/2023 24:06

* Smart Share Global Ltd  EM.OQ  reported quarterly adjusted
earnings of 7 fen​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was for a
loss of 12 fen per share.
    * Revenue rose 11.6% to CNY822.84 million from a year ago;
analysts expected CNY817.85 million. 
    * Smart Share Global Ltd's reported EPS for the quarter was
4
fen​.
    * The mean earnings estimate of analysts had risen by
about 16.7%
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 14.4% this
quarter and lost 16.7% so far this year.
    * The company reported quarterly net income of CNY10.81
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 June
20 at 11:06 p.m. UTC. ​All figures in Chinese yuan renminbi
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -0.43          -0.69          Missed