Stock Analysis

Atour Lifestyle Holdings First Quarter 2024 Earnings: Beats Expectations

NasdaqGS:ATAT
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Atour Lifestyle Holdings (NASDAQ:ATAT) First Quarter 2024 Results

Key Financial Results

  • Revenue: CN¥1.47b (up 90% from 1Q 2023).
  • Net income: CN¥257.2m (up by CN¥239.3m from 1Q 2023).
  • Profit margin: 18% (up from 2.3% in 1Q 2023). The increase in margin was driven by higher revenue.
  • EPS: CN¥1.87 (up from CN¥0.14 in 1Q 2023).
earnings-and-revenue-growth
NasdaqGS:ATAT Earnings and Revenue Growth May 27th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Atour Lifestyle Holdings Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 7.1%. Earnings per share (EPS) also surpassed analyst estimates by 8.9%.

Looking ahead, revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Hospitality industry in the US.

Performance of the American Hospitality industry.

The company's shares are down 3.8% from a week ago.

Risk Analysis

Be aware that Atour Lifestyle Holdings is showing 1 warning sign in our investment analysis that you should know about...

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