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

Zepp Health

21/11/2023 05:29

* Zepp Health Corp  ZEPP.N  reported quarterly adjusted
earnings
of 5 fen​​ per share for the quarter ended in September, higher
than the same quarter last year, when the company reported EPS
of -14 fen.  The lone analyst forecast for the quarter was
for earnings of 23 fen per share. 
    * Revenue fell 50.1% to CNY602.10 million from a year ago. 
    * Zepp Health Corp shares had risen by 17.4% this
quarter and
lost 6.9% so far this year.

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 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the phones &
handheld
devices peer group is also "strong buy"

Wall Street's median 12-month price target for Zepp Health Corp
is $2.90 
This summary was machine generated from LSEG data November 21 at
05:28 a.m. UTC. ​All figures in Chinese yuan renminbi unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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