Zepp Health Corp reports results for the quarter ended in December - Earnings Summary

Zepp Health

18/03/2024 22:35

* Zepp Health Corp  ZEPP.N  reported quarterly adjusted
earnings
of 6 fen​​ per share for the quarter ended in December.  The
lone analyst forecast for the quarter was for earnings of 30 fen
per share. 
    * Revenue fell 44% to CNY599.70 million from a year ago;
analysts
expected CNY675.70 million. 
    * Zepp Health Corp shares had fallen by 17.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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." 
    * Wall Street's median 12-month price target for Zepp Health
Corp
is $3.99 

This summary was machine generated from LSEG data March 18 at
10:34 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.30           0.06           Missed
 Sep. 30 2023      0.23           0.05           Missed
 Jun. 30 2023      0.09           -0.97          Missed
 Mar. 31 2023      -0.17          -1.84          Missed