Stock Analysis

Atour Lifestyle Holdings First Quarter 2024 Earnings: Beats Expectations

Source: Shutterstock

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).
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...

Valuation is complex, but we're helping make it simple.

Find out whether Atour Lifestyle Holdings is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.

View the Free Analysis

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at)

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.