KE Holdings Inc. Announces Third Quarter 2024 Unaudited Financial Results
KE Holdings Inc American Depositary Shares (each representing three Class A Ordinary Shares) (BEKE)
Company Research
Source: GlobeNewswire
BEIJING, Nov. 21, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE and HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the third quarter ended September 30, 2024. Business and Financial Highlights for the Third Quarter 2024 Gross transaction value (GTV)1 was RMB736.8 billion (US$105.0 billion), an increase of 12.5% year-over-year. GTV of existing home transactions was RMB477.8 billion (US$68.1 billion), an increase of 8.8% year-over-year. GTV of new home transactions was RMB227.6 billion (US$32.4 billion), an increase of 18.4% year-over-year. GTV of home renovation and furnishing was RMB4.1 billion (US$0.6 billion), an increase of 24.6% year-over-year. GTV of emerging and other services was RMB27.3 billion (US$3.9 billion), an increase of 31.9% year-over-year.Net revenues were RMB22.6 billion (US$3.2 billion), an increase of 26.8% year-over-year.
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BEKE
News
- KE Holdings Inc. (NYSE: BEKE) had its price target raised by analysts at Barclays PLC from $30.00 to $33.00. They now have an "overweight" rating on the stock.MarketBeat
- KE Holdings Inc (BEKE) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amidst Margin ... [Yahoo! Finance]Yahoo! Finance
- KE Holdings (BEKE): Transforming China's Housing Market Under $25 [Yahoo! Finance]Yahoo! Finance
- KE Holdings Inc. to Report Third Quarter 2024 Financial Results on November 21, 2024 Eastern TimeGlobeNewswire
- KE Holdings Inc. (NYSE: BEKE) was upgraded by analysts at Bank of America Co. from a "neutral" rating to a "buy" rating. They now have a $28.00 price target on the stock, up previously from $24.00.MarketBeat
BEKE
Earnings
- 11/21/24 - Beat
BEKE
Sec Filings
- 12/20/24 - Form SCHEDULE
- 12/16/24 - Form 6-K
- 12/12/24 - Form 6-K
- BEKE's page on the SEC website