MINISO Group Holding Ltd reports results for the quarter ended December 31 - Earnings Summary

• MINISO Group Holding Ltd MNSO.N reported quarterly adjusted earnings of CNY2.80​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of CNY2.20. The lone analyst forecast for the quarter was for earnings of CNY2.68 per share.

• Revenue rose 28.2% to CNY5.80 billion from a year ago; analysts expected CNY5.68 billion.

• MINISO Group Holding Ltd's reported EPS for the quarter was CNY1.44​.

• The company reported quarterly net income of CNY440.54 million.

• MINISO Group Holding Ltd shares had fallen by 18.1% this quarter.

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 13 "strong buy" or "buy," 1 "hold" and no "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 $26.34, about 41.7% above its last closing price of $15.35

This summary was machine generated from LSEG data March 31 at 12:55 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)