Kanzhun Limited's stock plunged 6.66% in pre-market trading on Wednesday.
The decline follows the company's release of first-quarter 2026 financial results, which showed revenue of RMB 2.07 billion missing the FactSet consensus estimate of RMB 2.08 billion. While adjusted earnings per share of $0.27 beat the $0.22 estimate, the top-line miss appears to have disappointed investors.
Further pressure came from the company's second-quarter revenue guidance, which projected a range of RMB 2.38 billion to RMB 2.42 billion. The high end of this range fell short of the FactSet estimate of RMB 2.42 billion, signaling potentially softer growth ahead despite the company reporting year-over-year increases in both revenue and adjusted net income for Q1.
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