GreenTree Hospitality Group Ltd expected to post earnings of 67 fen a share - Earnings Preview

Reuters11-16 05:14

* GreenTree Hospitality Group Ltd is expected to show a fall in quarterly revenue when it reports results on November 19 (estimated) for the period ending September 30 2024

* The Shanghai-based company is expected to report a 17.8% decrease in revenue to CNY379.032 million from CNY460.88 million a year ago, according to the estimate from one analyst, based on LSEG data.

* LSEG's mean analyst estimate for GreenTree Hospitality Group Ltd is for earnings of 67 fen per share.

* The one available analyst rating on the shares is "hold".

* The average consensus recommendation for the hotels, motels & cruise lines peer group is also "Hold".

* Wall Street's median 12-month price target for GreenTree Hospitality Group Ltd is 3.60, above its last closing price of $2.67.

This summary was machine generated November 15 at 21:14 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)

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