MINISO Group Holding Ltd reports results for the quarter ended December 31 - Earnings Summary

Reuters
21 Mar
MINISO Group Holding Ltd reports results for the quarter ended December 31 - Earnings Summary
  • MINISO Group Holding Ltd MNSO.N reported quarterly adjusted earnings of CNY2.50​​ per share for the quarter ended December 31. The mean expectation of two analysts for the quarter was for earnings of CNY2.61 per share. Wall Street expected results to range from CNY2.56 to CNY2.66 per share.

  • Revenue was CNY4.71 billion​; analysts expected CNY4.83 billion.

  • MINISO Group Holding Ltd's reported EPS for the quarter was CNY2.56​.

  • The company reported quarterly net income of CNY805.69 million.

  • MINISO Group Holding Ltd shares had fallen by 13.0% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 5.6% in the last three months.​

  • In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 2 "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 $26.90

This summary was machine generated from LSEG data March 21 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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

2.61

2.50

Missed

Sep. 30 2024

2.22

2.20

Missed

Jun. 30 2024

1.99

2.02

Beat

1.96

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