KE (BEKE) Scheduled to Post Quarterly Earnings on Thursday

KE (NYSE:BEKE) will be announcing its earnings results before the market opens on Thursday, November 21st. Analysts expect the company to announce earnings of $0.21 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

KE (NYSE:BEKE) last issued its quarterly earnings results on Monday, August 12th. The company reported $2.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $2.06. KE had a net margin of 5.32% and a return on equity of 6.74%. The company had revenue of $23.37 billion for the quarter, compared to analyst estimates of $21.51 billion. During the same period in the prior year, the firm earned $0.17 earnings per share. The business’s revenue for the quarter was up 19.9% compared to the same quarter last year. On average, analysts expect KE to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

KE Stock Performance

Shares of BEKE stock opened at $19.99 on Thursday. KE has a fifty-two week low of $12.44 and a fifty-two week high of $26.05. The company has a 50 day moving average price of $19.65 and a 200 day moving average price of $16.95. The stock has a market capitalization of $24.43 billion, a P/E ratio of 41.64, a price-to-earnings-growth ratio of 4.48 and a beta of -0.73.

Analysts Set New Price Targets

A number of research firms have recently weighed in on BEKE. Citigroup started coverage on KE in a research report on Tuesday, September 10th. They set a “buy” rating and a $23.80 price objective on the stock. Bank of America upgraded KE from a “neutral” rating to a “buy” rating and upped their price target for the stock from $24.00 to $28.00 in a report on Wednesday, October 30th.

KE Company Profile

KE Holdings Inc, through its subsidiaries, engages in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China. It operates through four segments: Existing Home Transaction Services, New Home Transaction Services, Home Renovation and Furnishing, and Emerging and Other Services.