Cheche Group Inc reports results for the quarter ended September 30 - Earnings Summary

Reuters11-26

* Cheche Group Inc reported quarterly breakeven results per share for the quarter ended September 30. The lone analyst forecast for the quarter was for a loss of 18 cents per share.

* Revenue was $121.20 million; analysts expected $868.88 million.

* Cheche Group Inc's reported EPS for the quarter was 1 cent.

* The company reported quarterly net income of $578 thousand.

* Cheche Group Inc shares had fallen by 6.5% this quarter and lost 86.6% so far this year.

FORECAST CHANGES

* 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 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the property & casualty insurance peer group is also "buy"

Wall Street's median 12-month price target for Cheche Group Inc is $2.50 This summary was machine generated from LSEG data November 26 at 02:31 p.m. UTC. All figures in US dollars 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 -0.18 0.00 Beat

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The lone analyst forecast for the quarter was for a loss of 18 cents per share.    * Revenue w","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CCG":"车车科技"},"translate_title":"Cheche Group Inc报告截至9月30日的季度业绩-收益摘要","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CCG":0.9},"content_text":"* Cheche Group Inc    reported quarterly breakeven results per share for the quarter ended September 30.  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