Yatsen Holding Ltd - ADR (YSG) reported less than expected earnings this morning for Q3 2023.
The company reported an EPS loss of $0.03 per share. The firm reported an EPS loss of $0.03 per share in the year-ago quarter. The neutral in Yatsen Holding Ltd ADR's annual growth rate represents how the business is performing neutrally amid recent economic conditions.
Yatsen Holding Ltd ADR reported a revenue of $98.4 million in Q3 2023. The firm managed negative 18% growth year-over-year due to Yatsen Holding Ltd ADR reporting quarterly revenue of $120.6 million in its year-ago quarter. Yatsen Holding Ltd ADR achieved a higher earnings growth rate than revenue, signaling that the business has improved its profit margin.
The stock is up 9.47% to $0.77 after the report.
The average recommendation from Wall Street analysts was a Hold which may get revised based on this new data.
Trading in the five days leading up to the report earned Yatsen Holding Ltd ADR a Bearish Sentiment Rank from InvestorsObserver.
Prior to the report, InvestorsObserver gave the stock an overall score of 36. Meanwhile, the average Wall Street analyst rated the stock a Hold.
Yatsen Holding Ltd is engaged in the retail business of beauty products, skincare items, and other cosmetic products.