* ZKH Group Ltd reported a quarterly adjusted loss of 40 fen per share for the quarter ended September 30. The lone analyst forecast for the quarter was for a loss of 2 fen per share.
* Revenue was CNY2.28 billion; analysts expected CNY2.21 billion.
* The company reported a quarterly loss of CNY81.75 million.
* ZKH Group Ltd shares had risen by 3.3% this quarter and lost 76.6% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 105.9% 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 3 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the diversified industrial goods wholesale peer group is also "buy"
Wall Street's median 12-month price target for ZKH Group Ltd is $4.50 This summary was machine generated from LSEG data November 22 at 02:31 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 -0.02 -0.40 Missed
Jun. 30 2024 0.03 -0.21 Missed
Mar. 31 2024 -0.44 -0.27 Beat
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