MINISO Group Holding Ltd 9896.HK reported quarterly adjusted earnings of 55 fen per share for the quarter ended September 30. The lone analyst forecast for the quarter was for earnings of 52 fen per share.
Revenue was CNY4.52 billion; analysts expected CNY4.56 billion.
The company reported quarterly net income of CNY641.77 million.
MINISO Group Holding Ltd shares had fallen by 3.9% this quarter and lost 9.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 5.5% 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 10 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell."
The average consensus recommendation for the department stores peer group is also "buy"
Wall Street's median 12-month price target for MINISO Group Holding Ltd is HK$46.28
This summary was machine generated from LSEG data November 29 at 02:30 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 | 0.52 | 0.55 | Beat |
Jun. 30 2024 | 1.13 | 0.50 | Missed |
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