* Hello Group Inc is expected to show a fall in quarterly revenue when it reports results on May 28 for the period ending March 31 2024
* The Beijing-based company is expected to report a 12.1% decrease in revenue to CNY2.478 billion from CNY2.82 billion a year ago, according to the mean estimate from 5 analysts, based on LSEG data.The company's guidance on March 14 2024, for the period ended March 31, was for revenue between CNY2.45 billion and CNY2.55 billion.
* LSEG's mean analyst estimate for Hello Group Inc is for earnings of CNY2.10 per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."
* The mean earnings estimate of analysts had fallen by about 0.9% in the last three months.
* Wall Street's median 12-month price target for Hello Group Inc is $8.30, above its last closing price of $5.53.
Previous quarterly performance (using preferred earnings measure in Chinese yuan renminbi).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 2.46 2.64 Beat 7.5
Sep. 30 2023 2.49 3.05 Beat 22.7
Jun. 30 2023 2.57 2.57 3.14 Beat 22.2
Mar. 31 2023 1.90 1.91 2.36 Beat 23.4
Dec. 1.95 1.96 2.46 Beat 25.7
31 2022
Sep. 30 2022 2.14 2.14 2.60 Beat 21.7
Jun. 30 2022 1.69 1.70 2.22 Beat 31
Mar. 31 2022 1.60 1.60 1.94 Beat 21.3
This summary was machine generated May 24 at 12:59 GMT. 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)
Comments