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Zepp Health Corporation (ZEPP)
:ZEPP
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Earnings Data
Report Date
Mar 13, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 26, 2018
|% Change Since: -3.51%
|Next Earnings Date:Aug 20, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted strong growth in self-branded sales, successful product launches, and the highest gross margin in the company's history. However, challenges such as supply constraints, increased operating expenses, and a foreign exchange loss impacted profitability. While there is optimism for Q4 with expected resolution of supply issues and ongoing product demand, the current period faced significant hurdles.Company Guidance
During the Zepp Health Corporation's Q3 2024 earnings call, the company provided several key metrics and guidance for the upcoming quarters. Zepp reported a 10% quarter-over-quarter increase in self-branded sales, which contributed more than 95% of the total revenue. The company achieved its highest gross margin ever at 41%, driven by a better product mix with higher-margin offerings. Despite facing supply constraints with the newly launched Amazfit T-Rex 3, which had exceptional demand, Zepp is optimistic about resolving these issues and expects significant revenue growth in Q4, projecting revenues between $55 million to $70 million, representing a 29% to 65% increase compared to Q3. Operating expenses were reduced significantly from RMB 180 million in 2022 to RMB 100 million by the end of 2024, highlighting the company's focus on cost management. Additionally, Zepp maintained a strong cash position of $128 million and announced the continuation of its share buyback program, reflecting confidence in its long-term strategy.Highest Gross Margin in History
Q3 gross margin reached 41%, the highest in the company's history, driven by a favorable product mix and higher gross margins from self-branded products.
Strong Growth in Self-Branded Sales
Self-branded sales increased by 10% quarter-over-quarter, contributing more than 95% of the company's total revenue.
Successful Product Launches and Demand
The newly launched Amazfit T-Rex 3 saw robust demand, selling out in multiple locations despite supply constraints. The product received excellent reviews and contributed significantly to sales growth.
Expansion of Product Ecosystem
Introduction of new products like the Amazfit Helio Ring and Amazfit UP Open Wearable Stereo earbuds, enhancing the user experience and tapping into a market with a 20% year-over-year growth.
Positive Market Outlook and Strategic Partnerships
The global wearable technology market is projected to grow significantly, with the company well-positioned to capitalize on this trend. Strategic partnerships and marketing efforts have bolstered brand recognition and market presence.
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ZEPP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ZEPP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 19, 2024 | $3.13 | $2.63 | -15.97% |
| Aug 21, 2024 | $2.44 | $3.00 | +22.95% |
| May 20, 2024 | $3.74 | $3.34 | -10.70% |
| Mar 18, 2024 | $4.88 | $4.28 | -12.30% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Zepp Health Corporation (ZEPP) report earnings?
Zepp Health Corporation (ZEPP) is schdueled to report earning on Mar 13, 2025, TBA Not Confirmed.
What is Zepp Health Corporation (ZEPP) earnings time?
Zepp Health Corporation (ZEPP) earnings time is at Mar 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ZEPP EPS forecast?
Currently, no data Available
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