ATRenew (RERE) Set to Announce Quarterly Earnings on Wednesday

ATRenew (NYSE:RERE) is scheduled to release its earnings data before the market opens on Wednesday, November 20th. Analysts expect ATRenew to post earnings of $0.05 per share for the quarter. ATRenew has set its Q3 2024 guidance at EPS.Investors interested in registering for the company’s conference call can do so using this link.

ATRenew (NYSE:RERE) last issued its quarterly earnings data on Tuesday, August 20th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01). The firm had revenue of $519.69 million during the quarter, compared to analysts’ expectations of $514.00 million. ATRenew had a positive return on equity of 4.80% and a negative net margin of 0.99%. On average, analysts expect ATRenew to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

ATRenew Stock Down 5.1 %

Shares of RERE opened at $2.43 on Wednesday. The company has a 50 day moving average of $2.52 and a two-hundred day moving average of $2.46. The company has a market cap of $592.61 million, a price-to-earnings ratio of -28.44, a price-to-earnings-growth ratio of 0.58 and a beta of -0.13. ATRenew has a twelve month low of $1.01 and a twelve month high of $3.18.

ATRenew Company Profile

ATRenew Inc, through its subsidiaries, operates pre-owned consumer electronics transactions and services platform in the People's Republic of China. It primarily sells mobile phones, laptops, tablets, drones, digital cameras; and vintage bags, watches, liquor, gold, and various household goods through its online platforms and offline stores, as well as provides services to third-party merchants to sell the products through its platforms.