Kanzhun Ltd. (BZ) announced earnings for its third quarter that Increased from the same period last year and beat the Street estimates.
The company's bottom line totaled RMB806.63 million, or RMB1.70 per share. This compares with RMB468.37 million, or RMB1.03 per share, last year.
Excluding items, Kanzhun Ltd. reported adjusted earnings of RMB1.023 billion or RMB2.16 per share for the period.
Analysts on average had expected the company to earn RMB2.06 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 13.2% to RMB2.163 billion from RMB1.911 billion last year.
Kanzhun Ltd. earnings at a glance (GAAP) :
-Earnings: RMB806.63 Mln. vs. RMB468.37 Mln. last year.-EPS: RMB1.70 vs. RMB1.03 last year.-Revenue: RMB2.163 Bln vs. RMB1.911 Bln last year.
-Guidance:Next quarter revenue guidance: RMB2.05-RMB2.07 Bln
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