Zhihu (ZH) Scheduled to Post Quarterly Earnings on Wednesday

Zhihu (NYSE:ZH – Get Rating) will issue its quarterly earnings data before the market opens on Wednesday, May 24th. Parties interested in participating in the company’s conference call can do so using this link.

Zhihu (NYSE:ZH – Get Rating) last announced its earnings results on Wednesday, March 22nd. The company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.05. Zhihu had a negative net margin of 44.73% and a negative return on equity of 26.65%. The business had revenue of $161.51 million during the quarter. On average, analysts expect Zhihu to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Zhihu Stock Performance

Shares of ZH opened at $1.04 on Tuesday. Zhihu has a fifty-two week low of $0.89 and a fifty-two week high of $2.13. The company has a market capitalization of $664.77 million, a price-to-earnings ratio of -2.67 and a beta of 0.24. The firm has a 50-day simple moving average of $1.14 and a 200-day simple moving average of $1.34.

Institutional Investors Weigh In On Zhihu

Several hedge funds have recently made changes to their positions in the business. Bank of America Corp DE lifted its position in Zhihu by 13.2% in the first quarter. Bank of America Corp DE now owns 7,165,438 shares of the company’s stock valued at $9,100,000 after purchasing an additional 834,199 shares during the period. Vanguard Group Inc. lifted its position in Zhihu by 0.3% in the third quarter. Vanguard Group Inc. now owns 5,641,947 shares of the company’s stock valued at $5,980,000 after purchasing an additional 14,245 shares during the period. UBS Group AG lifted its position in Zhihu by 2.0% in the first quarter. UBS Group AG now owns 5,406,929 shares of the company’s stock valued at $6,867,000 after purchasing an additional 105,691 shares during the period. Goldman Sachs Group Inc. lifted its position in Zhihu by 239.5% in the first quarter. Goldman Sachs Group Inc. now owns 4,617,102 shares of the company’s stock valued at $11,174,000 after purchasing an additional 3,257,204 shares during the period. Finally, Marshall Wace LLP acquired a new stake in Zhihu in the fourth quarter valued at about $2,624,000. Institutional investors and hedge funds own 11.39% of the company’s stock.

About Zhihu

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Zhihu Inc operates an online content community in the People's Republic of China. Its community allows people to seek inspiration, find solutions, make decisions, and have fun. The company also offers technology, business support, and consulting services; information transmission, software, and information technology services; information and marketing services; vocational training; and internet services, as well as holds audio-visual permit.