ATRenew (RERE) Scheduled to Post Quarterly Earnings on Tuesday

ATRenew (NYSE:RERE) is set to announce its earnings results before the market opens on Tuesday, August 20th. Analysts expect the company to announce earnings of $0.05 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

ATRenew (NYSE:RERE) last announced its earnings results on Monday, May 20th. The company reported $0.01 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.04). The business had revenue of $505.68 million during the quarter, compared to analyst estimates of $493.00 million. ATRenew had a negative net margin of 1.44% and a positive return on equity of 2.74%. On average, analysts expect ATRenew to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

ATRenew Stock Up 0.4 %

Shares of NYSE RERE opened at $2.75 on Monday. ATRenew has a 12-month low of $1.01 and a 12-month high of $3.03. The firm’s 50-day simple moving average is $2.42 and its 200 day simple moving average is $2.00. The company has a market cap of $670.65 million, a price-to-earnings ratio of -22.92, a price-to-earnings-growth ratio of 0.54 and a beta of -0.17.

About ATRenew

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.