Kanzhun's Q3 Adjusted Earnings, Revenue Increase

MT Newswires Live
11 Dec 2024

Kanzhun (BZ) reported Q3 adjusted earnings Wednesday of 1.64 Chinese renminbi ($0.23) per diluted American depositary share, up from 1.59 renminbi a year earlier.

Analysts surveyed by FactSet expected 1.48 renminbi.

Revenue for the quarter ended Sept. 30 was 1.91 billion renminbi, up from 1.61 billion renminbi a year earlier.

Analysts surveyed by FactSet expected 1.90 billion renminbi.

The company said it expects Q4 revenue of 1.80 billion renminbi to 1.81 billion renminbi. Analysts polled by FactSet expect 1.80 billion renminbi.

Shares of Kanzhun were up more than 2% in recent Wednesday premarket activity.

Price: 14.40, Change: +0.29, Percent Change: +2.06

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