Atour Lifestyle Holdings Q4 Adj Earnings Per ADS $0.23 Beats $0.19 Estimate
Portfolio Pulse from Benzinga Newsdesk
Atour Lifestyle Holdings (NASDAQ:ATAT) reported Q4 adjusted earnings of $0.23 per ADS, surpassing the consensus estimate of $0.19 by 21.05%. This represents a 155.56% increase from the $0.09 per ADS earnings in the same quarter last year.
March 28, 2024 | 10:17 am
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Atour Lifestyle Holdings reported a significant beat on Q4 earnings, with $0.23 per ADS against estimates of $0.19, showing a 155.56% year-over-year growth.
Beating earnings estimates typically leads to positive investor sentiment and can cause a short-term increase in stock price. The significant year-over-year growth further emphasizes the company's strong performance and potential for future growth, likely attracting more investors.
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