RLX Technology RLX is set to give its latest quarterly earnings report on Friday, 2024-11-15. Here's what investors need to know before the announcement.
Analysts estimate that RLX Technology will report an earnings per share (EPS) of $0.03.
Investors in RLX Technology are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Performance in Previous Earnings
The company's EPS beat by $0.00 in the last quarter, leading to a 0.0% drop in the share price on the following day.
Here's a look at RLX Technology's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.020 | 0.020 | 0.020 | 0.01 |
| EPS Actual | 0.023 | 0.022 | 0.046 | 0.02 |
| Price Change % | -1.0% | -5.0% | -5.0% | 2.0% |
Performance of RLX Technology Shares
Shares of RLX Technology were trading at $1.61 as of November 13. Over the last 52-week period, shares are down 19.5%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
To track all earnings releases for RLX Technology visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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