Cheche Group Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag [Yahoo! Finance]
Cheche Group Inc. (CCG)
Company Research
Source: Yahoo! Finance
Profit margin: 0.5% (up from net loss in 3Q 2023). The move to profitability was primarily driven by lower expenses. EPS: CN¥0.051 (up from CN¥17.52 loss in 3Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates. Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 5.3% growth forecast for the Insurance industry in the US. Performance of the American Insurance industry. The company's shares are up 2.7% from a week ago. We don't want to rain on the parade too much, but we did also find 3 warning signs for Cheche Group that you need to be mindful of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical d
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CCG
News
- Cheche Group Achieves Profitability Amid NEV Market Growth [Yahoo! Finance]Yahoo! Finance
- Prime Impact Acquisition I (PRIUF) Q3 2024 Earnings Call Highlights: A Profitable Turnaround ... [Yahoo! Finance]Yahoo! Finance
- Cheche Group Reports Third Quarter 2024 Unaudited Financial Results [Yahoo! Finance]Yahoo! Finance
- Cheche Group Reports Third Quarter 2024 Unaudited Financial ResultsPR Newswire
- Cheche Group receives Nasdaq notification over non-compliance [Yahoo! Finance]Yahoo! Finance
CCG
Sec Filings
- 11/26/24 - Form 424B3
- 11/26/24 - Form 6-K
- 11/21/24 - Form 6-K
- CCG's page on the SEC website