Smart Share Global Ltd (EM) FY2024Q1 Earning Prediction
Smart Share Global Ltd (EM) is set to release its earnings performance on 06/03 ET in trading. Consensus forecasts predict a revenue of 499.00M and an earnings per share (EPS) of for the . With Intellectia's exclusive AI algorithms, users can predict whether the earnings will beat or miss expectations before the report drops. Leverage this powerful tool to strategize and position your trades ahead of the earnings release!
Earnings Surprise Analysis
EM Transcript
The earnings call presents a mixed sentiment. Financial performance is weak with significant revenue declines, but there's optimism about new initiatives and a shift to a network partner model. The Q&A reveals uncertainties in business visibility and margin outlook, affecting sentiment negatively. Despite robust cash reserves, declining net income and no share buyback program are concerning. The potential for long-term growth in renewable initiatives and a break-even point is positive, but overall, the lack of clear guidance and financial strain suggest a neutral sentiment for short-term stock price movement.
The earnings call reveals several negative aspects: significant revenue decline, increased costs, and a widened net loss. Although there are some positive elements like the special dividend and share repurchase program, the lack of guidance, economic challenges in new initiatives, and unclear management responses suggest uncertainty. The transition to the network partner model is promising but not yet financially impactful. Given the overall negative financial performance and weak outlook, the stock price is likely to react negatively over the next two weeks.
The earnings call reveals mixed signals: strong GMV growth and improved net income contrast with declining revenue and operational volatility. The Q&A highlights management's reluctance to provide clear 2024 guidance, raising concerns. The mention of potential special dividends and a share repurchase program could positively impact sentiment, but lack of details tempers expectations. Overall, the positive aspects are balanced by uncertainties and financial pressures, leading to a neutral stock price prediction.
EM Report
Frequently Asked Questions
What is the Smart Share Global Ltd FY2024Q1 Earnings Release Date and Time?
Smart Share Global Ltd (EM) is scheduled to release its FY2024Q1 earnings report onJun 3, 2024, (approximately 4:00 PM ET). This timing allows investors to react during after-hours trading, with a conference call typically following shortly after.
What Are the Consensus Forecasts for Smart Share Global Ltd FY2024Q1 Revenue and EPS?
Analysts' consensus predicts 499.00M in revenue and an EPS of for Smart Share Global Ltd's FY2024Q1.
What Does Intellectia's AI Predict for Smart Share Global Ltd FY2024Q1 Earnings?
Intellectia's exclusive AI algorithms forecast a forSmart Share Global Ltd's FY2024Q1 earnings, with a prediction date of Jun 3, 2024. Smart Share Global Ltd
How Can I Use This Earnings Prediction to Trade EM Stock?
Leverage Intellectia's AI forecast to position trades ahead of theJun 3, 2024 release—consider calls for a beat scenario or protective puts for misses. Focus on pre-market volatility, and use the scenario probabilities to build strategies around revenue and guidance updates.
How Accurate Is Intellectia's AI for Earnings Predictions Like Smart Share Global Ltd FY2024Q1?
Intellectia's predictions are backed by rigorous backtesting, showing a high hit rate for Beat and Miss calls compared to traditional analysis. While no forecast is 100% certain, we provide probability-based scenarios (e.g., 50% chance of a *Beat*) and detailed rationales to help you make informed decisions. Combine our insights with your strategy for the best results—it's like having a co-pilot for earnings season! Empowering users to strategize trades before reports drop.
How does AI Earnings Prediction generate its forecasts?
AI Earnings Prediction uses advanced Large Language Models (LLMs) to analyze a wealth of data, including past earnings transcripts, real-time market sentiment, analyst insights, and company news from the last three months. It focuses on key indicators like revenue, EPS, and margins to predict whether a company will *Beat*, *Miss*, or remain Neutral relative to market expectations. Think of it as a super-smart analyst crunching numbers and news 24/7 to give you a trading edge!
When are the predictions available, and how often are they updated?
Predictions are generated two days before a company’s earnings release (e.g., 5:00 PM ET on Feb 13 for a Feb 15 report) to capture the latest market and company data. They’re updated in real-time if significant news breaks, ensuring you get fresh insights.
Can I use AI Earnings Prediction for all types of stocks?
Currently, AI Earnings Prediction focuses on companies with market caps above $40 billion, covering major players like SPG, AAPL, MSFT, and NVDA for the 2025-2026 earnings seasons. We prioritize high-impact stocks with robust data to ensure reliable forecasts. Stay tuned as we expand coverage to more companies based on user demand!
