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Stock impact report

ATRenew Third Quarter 2024 Earnings: EPS Beats Expectations [Yahoo! Finance]

ATRenew Inc. American Depositary Shares (every three of which representing two Class A ordinary shares) (RERE) 
Company Research Source: Yahoo! Finance
Profit margin: 0.4% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. EPS: CN¥0.074 (up from CN¥0.18 loss in 3Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates. Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 4.7% growth forecast for the Specialty Retail industry in the US. Performance of the American Specialty Retail industry. The company's shares are up 18% from a week ago. While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on ATRenew's balance sheet health. 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 Show less Read more
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