Atour Lifestyle (NASDAQ:ATAT) Issues Quarterly Earnings Results

Atour Lifestyle (NASDAQ:ATAT - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.30 by $0.03, Zacks reports. The business had revenue of $285.58 million during the quarter, compared to analyst estimates of $275.49 million. Atour Lifestyle had a net margin of 17.43% and a return on equity of 48.26%. Atour Lifestyle updated its FY 2025 guidance to EPS.

Atour Lifestyle Stock Performance

Shares of NASDAQ:ATAT traded down $0.66 during trading hours on Friday, reaching $28.45. The stock had a trading volume of 1,098,036 shares, compared to its average volume of 1,129,582. The stock has a market capitalization of $3.91 billion, a price-to-earnings ratio of 24.53, a P/E/G ratio of 0.59 and a beta of 0.37. The firm's 50 day moving average is $29.18 and its 200-day moving average is $27.09. Atour Lifestyle has a 1 year low of $15.22 and a 1 year high of $33.32.

Wall Street Analysts Forecast Growth

Several brokerages have commented on ATAT. The Goldman Sachs Group started coverage on shares of Atour Lifestyle in a research report on Monday, December 9th. They issued a "buy" rating and a $34.40 price target for the company. UBS Group set a $37.30 target price on Atour Lifestyle and gave the company a "buy" rating in a report on Thursday, March 6th. Finally, Bank of America upped their price target on Atour Lifestyle from $35.30 to $36.80 and gave the stock a "buy" rating in a report on Friday, March 14th.

Atour Lifestyle Company Profile

Atour Lifestyle Holdings Limited, through its subsidiaries, develops lifestyle brands around hotel offerings in the People's Republic of China. The company provides hotel management services, including day-to-day management services of the hotels for the franchisees; and sells hotel supplies and other products.