• MINISO Group Holding Ltd MNSO.N reported quarterly adjusted earnings of CNY1.88​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of CNY1.96. The mean expectation of two analysts for the quarter was for earnings of CNY2.04 per share. Wall Street expected results

• Revenue rose 18.9% to CNY4.43 billion from a year ago; analysts expected CNY4.37 billion.

• MINISO Group Holding Ltd's reported EPS for the quarter was CNY1.36​.

• The company reported quarterly net income of CNY416.34 million.

• MINISO Group Holding Ltd shares had risen by 20.0% this quarter and lost 7.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 8.9% 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 12 "strong buy" or "buy," 1 "hold" and 1 "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 $24.20

This summary was machine generated from LSEG data May 23 at 01:30 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)