Yatsen (NYSE:YSG) Posts Quarterly Earnings Results, Misses Expectations By $0.17 EPS

Yatsen (NYSE:YSG) posted its earnings results on Tuesday. The company reported ($0.11) earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.17), Zacks reports. The business had revenue of $109.33 million for the quarter. Yatsen had a negative return on equity of 12.10% and a negative net margin of 27.06%. During the same period last year, the firm posted ($0.15) EPS. Yatsen updated its Q3 2024 guidance to EPS.

Yatsen Stock Performance

Shares of YSG opened at $3.58 on Thursday. The firm has a 50-day simple moving average of $3.46 and a 200-day simple moving average of $3.31. The company has a market capitalization of $363.48 million, a price-to-earnings ratio of -2.96 and a beta of -2.80. Yatsen has a fifty-two week low of $1.99 and a fifty-two week high of $5.40.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. reduced their price objective on Yatsen from $4.70 to $3.80 and set a “neutral” rating for the company in a research note on Monday, June 17th.

Yatsen Company Profile

Yatsen Holding Limited, together with its subsidiaries, engages in the development and sale of beauty products under the Perfect Diary, Little Ondine, Pink Bear, Abby's Choice, GalÃnic, DR.WU, Eve Lom, and EANTiM brands in the People's Republic of China. The company offers color cosmetics for lips, eyes, and face; skin care products, including face serums and creams, eye creams, masks, toners, makeup removers, cleansers, ampoules, and anti-acne patches; and beauty tools and kits, sunscreen products, and beauty devices.