Kanzhun (BZ) Projected to Post Earnings on Tuesday

Kanzhun (NASDAQ:BZ) is anticipated to post its quarterly earnings results before the market opens on Tuesday, March 11th. Analysts expect Kanzhun to post earnings of $0.21 per share and revenue of $1.80 billion for the quarter. Kanzhun has set its Q4 2024 guidance at EPS.Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Kanzhun (NASDAQ:BZ) last released its quarterly earnings data on Wednesday, December 11th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.02. Kanzhun had a return on equity of 10.31% and a net margin of 20.65%. On average, analysts expect Kanzhun to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Kanzhun Stock Down 2.8 %

Shares of BZ stock opened at $15.55 on Tuesday. Kanzhun has a fifty-two week low of $10.57 and a fifty-two week high of $22.74. The stock has a market cap of $5.92 billion, a P/E ratio of 34.56 and a beta of 0.49. The business has a fifty day simple moving average of $14.72 and a 200-day simple moving average of $14.43.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on BZ. Sanford C. Bernstein cut Kanzhun from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $19.00 to $15.00 in a research report on Monday, December 9th. Citigroup dropped their price target on Kanzhun from $17.00 to $16.00 and set a “buy” rating for the company in a research report on Friday, November 29th. Barclays raised their price target on Kanzhun from $14.00 to $16.00 and gave the company an “overweight” rating in a research report on Monday, December 9th. Finally, CLSA began coverage on Kanzhun in a research report on Monday, November 18th. They issued an “outperform” rating and a $18.00 price target for the company. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat.com, Kanzhun presently has an average rating of “Moderate Buy” and a consensus price target of $21.00.

Kanzhun Company Profile

Kanzhun Limited, together with its subsidiaries, provides online recruitment services in the People's Republic of China. The company offers its recruitment services through a mobile app under the BOSS Zhipin brand name. Its services allow enterprise customers to access and interact with job seekers and manage their recruitment process.