KE Holdings Posts 55% Gross Transaction Value Surge In Q4, But EPS Miss And Margin Decline Weigh On Stock
Financial Performance: KE Holdings Inc (BEKE) reported a 54.1% increase in net revenues to 31.1 billion Chinese Yuan ($4.26 billion) for the fourth quarter, surpassing expectations, while gross profit rose by 39.4% year-over-year. However, adjusted earnings per ADS of 1.19 Chinese Yuan missed the consensus estimate of $0.26.
Market Reaction and Future Plans: Despite strong revenue growth, BEKE shares fell 2.27% premarket. The company announced a cash dividend of $0.12 per ordinary share and highlighted its strategy to enhance product strength in the new home industry through a customer-to-manufacturing model.
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KE Holdings Posts 55% Gross Transaction Value Surge In Q4, But EPS Miss And Margin Decline Weigh On Stock
Financial Performance: KE Holdings Inc (BEKE) reported a 54.1% increase in net revenues to 31.1 billion Chinese Yuan ($4.26 billion) for the fourth quarter, surpassing expectations, while gross profit rose by 39.4% year-over-year. However, adjusted earnings per ADS of 1.19 Chinese Yuan missed the consensus estimate of $0.26.
Market Reaction and Future Plans: Despite strong revenue growth, BEKE shares fell 2.27% premarket. The company announced a cash dividend of $0.12 per ordinary share and highlighted its strategy to enhance product strength in the new home industry through a customer-to-manufacturing model.
KE Holdings Posts 55% Gross Transaction Value Surge In Q4, But EPS Miss And Margin Decline Weigh On Stock
Financial Performance: KE Holdings Inc (BEKE) reported a 54.1% increase in net revenues to 31.1 billion Chinese Yuan ($4.26 billion) for the fourth quarter, surpassing expectations, while gross profit rose by 39.4% year-over-year. However, adjusted earnings per ADS of 1.19 Chinese Yuan missed the consensus estimate of $0.26.
Market Reaction and Future Plans: Despite strong revenue growth, BEKE shares fell 2.27% premarket. The company announced a cash dividend of $0.12 per ordinary share and highlighted its strategy to enhance product strength in the new home industry through a customer-to-manufacturing model.
