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KE Holdings Inc. Sponsored ADR Class A (BEKE)
NYSE:BEKE
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Earnings Data
Report Date
Mar 13, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$0.24Last Year’s EPS
$1.44Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 21, 2024
|% Change Since: -9.14%
|Next Earnings Date:Mar 13, 2025
Earnings Call Sentiment|Positive
The earnings call was largely positive, with significant growth in revenue, existing and new home transactions, and home rental services. However, there were challenges in gross margin decline and non-GAAP net income decrease, as well as labor cost increases.Company Guidance
During KE Holdings, Inc.'s Q3 2024 earnings call, the company provided detailed guidance across various metrics, reflecting its continued growth in the real estate market. The Gross Transaction Value (GTV) for existing home transactions reached RMB 477.8 billion, marking an 8.8% year-over-year increase, while the GTV for new home transactions rose by 18% to RMB 227.6 billion. The company also reported a 33% and 118% year-over-year growth in revenue from home renovation and furnishing, and home rental services, respectively. Additionally, the number of active stores on the platform increased by 14.6% year-over-year, totaling over 46,800, and the active agent count grew by 24,000 to surpass 420,000. KE Holdings highlighted strategic collaborations with top-tier developers, which accounted for 26% of total new home transactions, and emphasized its commitment to integrity and creativity as core principles guiding its long-term strategy.Strong Revenue Growth
Net revenue reached RMB 22.6 billion, representing a year-over-year increase of 26.8%.
Existing Home Transaction Growth
GTV for existing home transactions reached RMB 477.8 billion, up 8.8% year-over-year.
New Home Transaction Growth
GTV for new home transactions increased by 18% year-over-year to RMB 227.6 billion.
Home Renovation and Furnishing Revenue Surge
Revenue grew year-over-year by 33%, with contracted sales reaching RMB 4.1 billion.
Home Rental Services Boom
Revenue from home rental services increased by 118% year-over-year, with over 360,000 units managed.
Strategic Expansion and Store Growth
Active stores on the platform increased by 14.6% year-over-year, with a net addition of nearly 6,000 stores.
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KE Holdings Inc. Sponsored ADR Class A (BEKE) Earnings, Revenues Date & History
BEKE 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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BEKE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 21, 2024 | $20.23 | $19.98 | -1.24% |
| Aug 12, 2024 | $14.03 | $14.80 | +5.49% |
| May 23, 2024 | $18.87 | $16.99 | -9.96% |
| Mar 14, 2024 | $14.07 | $13.72 | -2.49% |
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 KE Holdings Inc. Sponsored ADR Class A (BEKE) report earnings?
KE Holdings Inc. Sponsored ADR Class A (BEKE) is schdueled to report earning on Mar 13, 2025, TBA Not Confirmed.
What is KE Holdings Inc. Sponsored ADR Class A (BEKE) earnings time?
KE Holdings Inc. Sponsored ADR Class A (BEKE) 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 BEKE EPS forecast?
BEKE EPS forecast for the fiscal quarter 2024 (Q4) is $0.24.
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