ATRenew (RERE) Projected to Post Earnings on Wednesday

ATRenew (NYSE:RERE) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Wednesday, August 20th. Analysts expect the company to announce earnings of $0.05 per share and revenue of $4.79 billion for the quarter. ATRenew has set its Q2 2025 guidance at EPS.

ATRenew (NYSE:RERE) last posted its quarterly earnings data on Tuesday, May 20th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.05 by ($0.01). ATRenew had a net margin of 0.73% and a return on equity of 8.91%. The firm had revenue of $641.26 million during the quarter, compared to analyst estimates of $4.62 billion. On average, analysts expect ATRenew to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

ATRenew Stock Performance

NYSE RERE opened at $3.98 on Wednesday. The business has a fifty day moving average price of $3.27 and a 200 day moving average price of $2.93. ATRenew has a one year low of $2.00 and a one year high of $4.35. The company has a market cap of $970.60 million, a P/E ratio of 56.86 and a beta of 0.20.

ATRenew announced that its Board of Directors has initiated a share repurchase program on Monday, June 30th that authorizes the company to repurchase $0.00 in shares. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.

Institutional Trading of ATRenew

Hedge funds and other institutional investors have recently modified their holdings of the stock. Caxton Associates LLP acquired a new stake in shares of ATRenew in the 1st quarter worth $114,000. Cubist Systematic Strategies LLC increased its stake in shares of ATRenew by 15.9% in the 1st quarter. Cubist Systematic Strategies LLC now owns 66,119 shares of the company’s stock worth $194,000 after acquiring an additional 9,094 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of ATRenew by 160.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 531,349 shares of the company’s stock worth $1,759,000 after acquiring an additional 327,715 shares during the last quarter. 19.29% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Separately, Wall Street Zen downgraded ATRenew from a “strong-buy” rating to a “buy” rating in a research note on Sunday.

ATRenew Company Profile

ATRenew Inc, through its subsidiaries, operates pre-owned consumer electronics transactions and services platform in the People's Republic of China. It primarily sells mobile phones, laptops, tablets, drones, digital cameras; and vintage bags, watches, liquor, gold, and various household goods through its online platforms and offline stores, as well as provides services to third-party merchants to sell the products through its platforms.