Yatsen (NYSE:YSG) Issues Quarterly Earnings Results

Yatsen (NYSE:YSG) announced its earnings results on Tuesday. The company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.17), Zacks reports. Yatsen had a negative net margin of 27.06% and a negative return on equity of 12.10%. The business had revenue of $109.33 million during the quarter. During the same period in the previous year, the firm posted ($0.15) earnings per share. Yatsen updated its Q3 2024 guidance to EPS.

Yatsen Price Performance

Shares of NYSE:YSG opened at $3.58 on Thursday. The company has a market capitalization of $363.48 million, a P/E ratio of -2.96 and a beta of -2.80. The business’s 50 day simple moving average is $3.46 and its 200 day simple moving average is $3.31. Yatsen has a 1 year low of $1.99 and a 1 year high of $5.40.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. cut their price objective on shares of Yatsen from $4.70 to $3.80 and set a “neutral” rating for the company in a report on Monday, June 17th.

Yatsen Company Profile

Yatsen Holding Limited, together with its subsidiaries, engages in the development and sale of beauty products under the Perfect Diary, Little Ondine, Pink Bear, Abby's Choice, GalÃnic, DR.WU, Eve Lom, and EANTiM brands in the People's Republic of China. The company offers color cosmetics for lips, eyes, and face; skin care products, including face serums and creams, eye creams, masks, toners, makeup removers, cleansers, ampoules, and anti-acne patches; and beauty tools and kits, sunscreen products, and beauty devices.