RERE Earnings Prediction
The chart below shows how RERE performed 10 days before and after its earnings report, based on data from the past quarters. Typically, RERE sees a -12.06% change in stock price 10 days leading up to the earnings, and a +2.02% change 10 days following the report. On the earnings day itself, the stock moves by +6.30%. This data can give you a slight idea of what to expect for the next quarter's release.
RERE Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
4.05B
24.39%
7.27%
Gross Margin
11.38%
3.55%
-6.11%
Operating Margin
0.61%
170.93%
-506.67%
Net Margin
0.44%
132.35%
-257.14%
EPS
0.11
140.74%
-283.33%
No Data Available
RERE Earnings Analysis
ATRenew Inc. American Depositary Shares (every three of which representing two Class A ordinary shar Corporation (RERE.N) Earnings Conference Call
Positive
Quarterly Revenue Surge: Our total revenue for the third quarter reached RMB 4.05 billion, achieving year-over-year growth of 24.4%.
Product Revenue Increase: Product revenue grew by 25.6% year-over-year.
Recycling Revenue Surge: Our core recycling business revenue in Mainland China increased by over 30% year-over-year, significantly outpacing the growth of the overall second-hand consumer electronics recycling and transaction market in China.
Recycling Service Growth: In the third quarter, the value of goods collected through JD.com, via regular recycling and trade-in services, increased by over 40% year-over-year.
Recycling Business Surge: Our multi-category recycling business increased by 270% year-over-year, generating over 30 million in service revenue.
Negative
Revenue Increase Analysis: Total revenues increased by 24.4% to RMB 4,051 million, primarily driven by ongoing solid growth in net product revenues.
Product Revenue Surge: Net product revenues increased by 25.6% to RMB 3,672 million, primarily driven by increased sales of pre-owned consumer electronics through our online and offline channels.
Merchandise Cost Increase: Merchandise costs increased by 24.2% to RMB 3,243 million, in line with the growth in product sales.
Fulfillment Expense Increase: Fulfillment expenses increased by 20.7% to RMB 347 million, primarily due to an increase in personnel costs and logistics expenses as we conducted more recycling and transaction activities compared with the same period of 2023.
Marketing Expense Increase: Selling and marketing expenses increased by 5.3% to RMB 315 million.
RERE FAQs
How does RERE typically perform around its earnings report dates?
Is ATRenew Inc. (RERE) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
RERE Earning Call Sentiment
ATRenew Inc. (RERE) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
RERE.N
0.34%Positive
The earnings call summary shows strong financial performance with significant growth in recycling volumes and partnerships, despite increased expenses. The Q&A highlights positive momentum in trade-in and multi-category recycling businesses, with substantial growth and profitability. However, management's lack of specific future guidance slightly tempers the outlook. Overall, the positive financial metrics, partnerships, and optimistic business updates suggest a positive stock price movement in the short term.
