Q1 Earnings Preview For Secoo Holding


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Secoo Holding Limited - ADR (NASDAQ:SECO) will be releasing its next round of earnings this Thursday, June 13. For all of the relevant information, here is your guide for Thursday's Q1 earnings announcement.

Earnings and Revenue

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Wall Street expects EPS of 3 cents and sales around $150.41 million.

In the same quarter last year, Secoo reported earnings per share of 10 cents on revenue of $127.94 million. If the company were to post earnings inline with the consensus estimate when it reports Thursday, EPS would be down 70.00 percent. Sales would be up 17.57 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

 

Quarter Q4 2018 Q3 2018 Q2 2018 Q1 2018 Q4 2017
EPS Estimate 0.21   0.14 0.1 0.1
EPS Actual 0.150 0.14 0.12 0.1 0.25

Stock Performance

Over the last 52-week period, shares are down 21.62 percent. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release. Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The average rating by analysts on Secoo stock is a Buy. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Secoo is scheduled to hold a conference call at 8:00 a.m. ET and can be accessed here: https://edge.media-server.com/m6/p/2tvbntmv


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: EarningsNewsEarnings Previews