Baozun Beats Revenue Estimates with Strong Q1 Growth, Shares Surge
Portfolio Pulse from Anusuya Lahiri
Baozun Inc (NASDAQ: BZUN) reported a fiscal first-quarter 2024 revenue growth of 4.9% year-on-year to $274.2 million, beating analyst estimates. Despite an adjusted loss per ADS of $0.03, the stock price surged. The company saw increases in both product and services revenue. Baozun's stock has lost 32% in value over the last 12 months, but shares traded higher by 5.17% premarket. Investors can also gain exposure through Dimensional ETF Trust Dimensional Emerging Markets Core Equity 2 ETF (NYSE: DFEM) and Dimensional Emerging Core Equity Market ETF (NYSE: DFAE).
May 28, 2024 | 11:33 am
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POSITIVE IMPACT
Baozun Inc reported a 4.9% year-on-year revenue growth for Q1 2024, beating analyst estimates. Despite an adjusted loss per ADS of $0.03, the stock price surged 5.17% premarket.
The revenue beat and subsequent stock price surge indicate positive market sentiment. Despite the adjusted loss per ADS, the growth in product and services revenue is a strong positive indicator.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Dimensional Emerging Core Equity Market ETF (DFAE) provides exposure to Baozun Inc, which reported strong Q1 2024 revenue growth and a subsequent stock price surge.
DFAE holds Baozun Inc, which reported strong earnings and saw a stock price increase. This positive performance could benefit the ETF's value.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 50
POSITIVE IMPACT
Dimensional ETF Trust Dimensional Emerging Markets Core Equity 2 ETF (DFEM) provides exposure to Baozun Inc, which reported strong Q1 2024 revenue growth and a subsequent stock price surge.
DFEM holds Baozun Inc, which reported strong earnings and saw a stock price increase. This positive performance could benefit the ETF's value.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 50