The chart below shows how BZ performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BZ sees a -4.81% change in stock price 10 days leading up to the earnings, and a +0.69% change 10 days following the report. On the earnings day itself, the stock moves by +1.62%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Negative
Revenue Increase Amid Challenges: The company achieved a revenue of RMB 1.91 billion, which, despite being a 19% year-on-year increase, reflects challenges in maintaining consistent growth amidst market fluctuations.
Operating Income Performance: Adjusted operating income reached RMB 610 million, indicating only a 10% year-on-year growth, which may not meet investor expectations for higher performance.
Rising Operating Costs: Operating costs and expenses increased by 23% year-on-year to RMB 1.3 billion, suggesting rising operational inefficiencies that could impact profitability.
R&D Expense Increase: R&D expenses increased by 12% year-on-year to RMB 464 million, indicating a significant investment that may not yield immediate returns in a competitive landscape.
Rising Marketing Expenses: Sales and marketing expenses rose by 14% year-on-year to RMB 522 million, driven by increased marketing campaigns, which may not guarantee proportional revenue growth.
Kanzhun Limited (BZ) Q3 2024 Earnings Call Transcript
BZ.O
2.3%