NasdaqGS:BZProfessional Services
Kanzhun (NasdaqGS:BZ) Stock Jumps As Margin Strength Meets Earnings Quality Doubts
Kanzhun stock jumped 15.7% to US$18.84 into the close, which indicates traders liked what they saw. The move came after a Q2 print built on one core story. This is now a highly profitable online recruitment platform posting a net margin above 50% and an adjusted operating margin of 43.8%.
The other headline is quality of earnings. Reported net income of RMB 1.9b leaned heavily on a fair value gain from an investee’s IPO. That lifts the headline numbers today. Long term holders will focus on...