ZKH Group Ltd reports results for the quarter ended September 30 - Earnings Summary
ZKH Group Ltd ZKH.N reported a quarterly adjusted loss of 40 fen per share for the quarter ended September 30. The lone analyst forecast for the quarter was for a loss of 2 fen per share.
Revenue was CNY2.28 billion; analysts expected CNY2.21 billion.
The company reported a quarterly loss of CNY81.75 million.
ZKH Group Ltd shares had risen by 3.3% this quarter and lost 76.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 105.9% 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 "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The average consensus recommendation for the diversified industrial goods wholesale peer group is also "buy"
Wall Street's median 12-month price target for ZKH Group Ltd is $4.50
This summary was machine generated from LSEG data November 22 at 02:31 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 | -0.02 | -0.40 | Missed |
Jun. 30 2024 | 0.03 | -0.21 | Missed |
Mar. 31 2024 | -0.44 | -0.27 | Beat |
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