GreenTree Hospitality Group Ltd reports results for the quarter ended September 30 - Earnings Summary
GreenTree Hospitality Group Ltd GHG.N reported quarterly adjusted earnings of 92 fen per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of CNY1.25. The lone analyst forecast for the quarter was for earnings of 67 fen per share.
Revenue fell 22.5% to CNY356.98 million from a year ago; analysts expected CNY379.03 million.
GreenTree Hospitality Group Ltd shares had fallen by 12.3% this quarter and lost 27.9% 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 "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the hotels, motels & cruise lines peer group is also "hold"
Wall Street's median 12-month price target for GreenTree Hospitality Group Ltd is $3.60
This summary was machine generated from LSEG data November 21 at 12:47 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 |
Sep. 30 2024 | 0.67 | 0.92 | Beat |
Dec. 31 2023 | 0.21 | 0.87 | Beat |
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