* Ke Holdings Inc reported quarterly adjusted earnings of 76 fen per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of 65 fen. The mean expectation of three analysts for the quarter was for earnings of 63 fen per share. Wall Street expected results to range from 55 fen to 70 fen per share.
* Revenue rose 19.9% to CNY23.37 billion from a year ago; analysts expected $23.05 billion.
* Ke Holdings Inc's reported EPS for the quarter was 54 cents.
* The company reported quarterly net income of CNY1.89 billion.
* Ke Holdings Inc shares had fallen by 5.8% this quarter and lost 16.1% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 0.2% in the last three months.
* In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the real estate services peer group is also "buy"
Wall Street's median 12-month price target for Ke Holdings Inc is HK$55.00 This summary was machine generated from LSEG data August 12 at 03:50 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
Jun. 30 2024 0.63 0.76 Beat
Mar. 31 2024 0.28 0.39 Beat
Dec. 31 2023 0.46 0.48 Beat
Sep. 30 2023 0.52 0.60 Beat
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