KE Holdings Posts Mixed Results; Dollar General Misses Forecasts
- August 31st, 2023
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KE Holdings Inc. (NYSE: BEKE), a prominent integrated online and offline platform for housing transactions and services in China, reported second-quarter 2023 earnings of $0.27 per share, surpassing the consensus EPS estimate of $0.19. The company's quarterly sales amounted to $2.69 billion, slightly below analysts' projected revenue of $2.73 billion.
KE Holdings anticipates Q3 2023 revenues to range between $2.1 billion and $2.2 billion, in contrast to the consensus estimate of $2.67 billion in revenue for the period.
$BEKE was trading at $14.86 in pre-market, down $0.80 (-5.11%).
In other news, Dollar General Corporation (NYSE: DG), a leading discount retailer, disclosed second-quarter fiscal 2023 earnings of $2.13 per share, falling short of the consensus EPS estimate of $2.46. The company's quarterly sales totaled $9.80 billion, missing analysts' expected revenue of $9.92 billion.
Dollar General is forecasting its full-year fiscal 2023 EPS to be in the range of approximately $7.10 to $8.30, significantly below the consensus EPS estimate of $10.01 for the period.
In pre-market, $DG is trading at $134.12, reflecting a decrease of $23.54 (-14.93%).
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