Kanzhun (BZ) to Release Quarterly Earnings on Tuesday

Kanzhun (NASDAQ:BZ) will likely be posting its quarterly earnings results before the market opens on Tuesday, March 11th. Analysts expect Kanzhun to post 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 interested in participating in the company’s earnings conference call can do so using this link.

Kanzhun (NASDAQ:BZ) last announced its earnings results on Wednesday, December 11th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate 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 NASDAQ:BZ opened at $17.86 on Friday. The stock 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. The business’s 50 day moving average is $14.98 and its 200 day moving average is $14.50.

Analyst Upgrades and Downgrades

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

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.