Kanzhun (BZ) Projected to Post Quarterly Earnings on Tuesday

Kanzhun (NASDAQ:BZ - Get Free Report) is expected to announce its earnings results before the market opens on Tuesday, March 11th. Analysts expect the company to announce 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 participating in the company's earnings conference call can do so using this link.

Kanzhun (NASDAQ:BZ - Get Free Report) last posted its quarterly earnings results on Wednesday, December 11th. The company reported $0.15 EPS for the quarter, topping analysts' consensus estimates 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 Up 3.0 %

Shares of BZ traded up $0.52 during trading hours on Friday, hitting $17.86. The company had a trading volume of 4,773,755 shares, compared to its average volume of 3,994,067. The business has a fifty day moving average of $14.90 and a 200-day moving average of $14.48. The firm has a market cap of $6.80 billion, a price-to-earnings ratio of 39.69 and a beta of 0.46. Kanzhun has a 12 month low of $10.57 and a 12 month high of $22.74.

Analysts Set New Price Targets

Several brokerages recently issued reports on BZ. Citigroup cut their price target on Kanzhun from $17.00 to $16.00 and set a "buy" rating for the company in a research note on Friday, November 29th. CLSA started coverage on shares of Kanzhun in a research note on Monday, November 18th. They set an "outperform" rating and a $18.00 price objective on the stock. Sanford C. Bernstein downgraded shares of Kanzhun from an "outperform" rating to a "market perform" rating and cut their price target for the stock from $19.00 to $15.00 in a report on Monday, December 9th. Finally, Barclays lifted their price objective on shares of Kanzhun from $14.00 to $16.00 and gave the company an "overweight" rating in a research note on Monday, December 9th. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $21.00.

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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.