* RLX Technology Inc reported quarterly adjusted earnings of 20 fen per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 15 fen. The lone analyst forecast for the quarter was for earnings of 20 cents per share.
* Revenue rose 76.7% to $756.29 million from a year ago; analysts expected CNY742.63 million.
* RLX Technology Inc's reported EPS for the quarter was 13 cents.
* The company reported quarterly net income of CNY165.65 million.
* RLX Technology Inc shares had fallen by 9.9% this quarter and lost 18.5% 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 "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the tobacco peer group is also "buy"
Wall Street's median 12-month price target for RLX Technology Inc is 2.73 This summary was machine generated from LSEG data November 15 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 0.20 0.20 Met
Jun. 30 2024 0.18 0.16 Missed
Mar. 31 2024 0.16 0.16 Met
Dec. 31 2023 0.14 0.33 Beat
Comments