Atour Lifestyle Holdings (NASDAQ:ATAT) reported quarterly Adj earnings of $0.23 per ADS which beat the analyst consensus estimate of $0.19 by 21.05 percent. This is a 155.56 percent increase over earnings of $0.09 per ADS from the same period last year.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/22/2024 | $26.00 | Outperform | Macquarie |
| 8/30/2023 | $36.00 | Overweight | Morgan Stanley |
| 7/21/2023 | $24.00 | Buy | Daiwa Securities |
| 3/17/2023 | $28.30 | Buy | Citigroup |
A total of 1,533 hotels, or 175,199 hotel rooms, in operation as of September 30, 2024.Net revenues for the third quarter of 2024 increased by 46.7% year-over-year to RMB1,899 million (US$271 million), compared with RMB1,294 million for the same period of 2023. Net income for the third quarter of 2024 increased by 45.3% year-over-year to RMB381 million (US$54 million), compared with RMB262 million for the same period of 2023. Adjusted net income (non-GAAP)1 for the third quarter of 2024 increased by 41.2% year-over-year to RMB384 million (US$55 million), compared with RMB272 million for the same period of 2023.EBITDA (non-GAAP)2 for the third quarter of 2024 increased by 42.9% year-over-year
SHANGHAI, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Atour Lifestyle Holdings Limited ("Atour" or the "Company") (NASDAQ:ATAT), a leading hospitality and lifestyle company in China, today announced that it will report its unaudited financial results for the third quarter 2024 on Tuesday, November 19, 2024, before the U.S. markets open. The Company will host a conference call at 7:00 AM U.S. Eastern time on Tuesday, November 19, 2024 (or 8:00 PM Beijing/Hong Kong time on the same day). A live webcast of the conference call will be available on the Company's investor relations website at https://ir.yaduo.com, and a replay of the webcast will be available following the session. For participan
A total of 1,412 hotels, or 161,686 hotel rooms, in operation as of June 30, 2024.Net revenues for the second quarter of 2024 increased by 64.5% year-over-year to RMB1,797 million (US$247 million), compared with RMB1,093 million for the same period of 2023. Net income for the second quarter of 2024 increased by 27.1% year-over-year to RMB304 million (US$42 million), compared with RMB239 million for the same period of 2023. Adjusted net income (non-GAAP)1 for the second quarter of 2024 increased by 31.6% year-over-year to RMB328 million (US$45 million), compared with RMB249 million for the same period of 2023.EBITDA (non-GAAP)2 for the second quarter of 2024 increased by 25.3% year-over-year
Macquarie initiated coverage of Atour Lifestyle Hldgs. Ltd. with a rating of Outperform and set a new price target of $26.00
Morgan Stanley initiated coverage of Atour Lifestyle Hldgs. Ltd. with a rating of Overweight and set a new price target of $36.00
Daiwa Securities initiated coverage of Atour Lifestyle Hldgs. Ltd. with a rating of Buy and set a new price target of $24.00
6-K - Atour Lifestyle Holdings Ltd (0001853717) (Filer)
6-K - Atour Lifestyle Holdings Ltd (0001853717) (Filer)
6-K - Atour Lifestyle Holdings Ltd (0001853717) (Filer)
SC 13G/A - Atour Lifestyle Holdings Ltd (0001853717) (Subject)
SC 13G/A - Atour Lifestyle Holdings Ltd (0001853717) (Subject)
SC 13G - Atour Lifestyle Holdings Ltd (0001853717) (Subject)
Hong Lu has resigned from his position as a director, effective July 3, 2024. Mr. Lu will continue to serve the Company as senior vice president. Following Lu's resignation, the Board has appointed Jianfeng Wu, Co-Chief Financial Officer and Executive Vice President of the Company, as a director, effective immediately. As part of the organizational adjustments to streamline senior management team structure, the Company has decided to eliminate the Co-Chief Operating Officer position. Consequently, Xun Zhang and Gang Chen will no longer serve as Co-COOs. Zhang and Chen will both continue to hold key roles within the Company.
Atour Lifestyle Holdings Limited ("Atour" or the "Company") (NASDAQ:ATAT), a leading hospitality and lifestyle company in China, today announced the pricing of a registered secondary underwritten offering by entities affiliated with Legend Capital ("Legend Capital") of an aggregate of 10,000,000 American depositary shares (the "ADSs" and such offering, the "Secondary Offering"), each ADS representing three Class A ordinary shares of par value US$0.0001 each of the Company, at an offering price of US$16.90 per ADS. The underwriters in the Secondary Offering will have a 30-day option to purchase up to 1,500,000 additional ADSs from Legend Capital. The Company will not receive any proceeds f
A total of 1,533 hotels, or 175,199 hotel rooms, in operation as of September 30, 2024.Net revenues for the third quarter of 2024 increased by 46.7% year-over-year to RMB1,899 million (US$271 million), compared with RMB1,294 million for the same period of 2023. Net income for the third quarter of 2024 increased by 45.3% year-over-year to RMB381 million (US$54 million), compared with RMB262 million for the same period of 2023. Adjusted net income (non-GAAP)1 for the third quarter of 2024 increased by 41.2% year-over-year to RMB384 million (US$55 million), compared with RMB272 million for the same period of 2023.EBITDA (non-GAAP)2 for the third quarter of 2024 increased by 42.9% year-over-year
SHANGHAI, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Atour Lifestyle Holdings Limited ("Atour" or the "Company") (NASDAQ:ATAT), a leading hospitality and lifestyle company in China, today announced that it will report its unaudited financial results for the third quarter 2024 on Tuesday, November 19, 2024, before the U.S. markets open. The Company will host a conference call at 7:00 AM U.S. Eastern time on Tuesday, November 19, 2024 (or 8:00 PM Beijing/Hong Kong time on the same day). A live webcast of the conference call will be available on the Company's investor relations website at https://ir.yaduo.com, and a replay of the webcast will be available following the session. For participan
A total of 1,412 hotels, or 161,686 hotel rooms, in operation as of June 30, 2024.Net revenues for the second quarter of 2024 increased by 64.5% year-over-year to RMB1,797 million (US$247 million), compared with RMB1,093 million for the same period of 2023. Net income for the second quarter of 2024 increased by 27.1% year-over-year to RMB304 million (US$42 million), compared with RMB239 million for the same period of 2023. Adjusted net income (non-GAAP)1 for the second quarter of 2024 increased by 31.6% year-over-year to RMB328 million (US$45 million), compared with RMB249 million for the same period of 2023.EBITDA (non-GAAP)2 for the second quarter of 2024 increased by 25.3% year-over-year
SHANGHAI, China, July 20, 2023 (GLOBE NEWSWIRE) -- Atour Lifestyle Holdings Limited ("Atour" or the "Company") (NASDAQ:ATAT), a leading hospitality and lifestyle company in China, today announced the appointment of Mr. Jianfeng Wu as Co-Chief Financial Officer of the Company, effective upon today. Mr. Wu will be primarily responsible for overseeing the Company's capital market matters, including investor relations and financing management, as well as providing administrative and other support to the Board and assisting in daily operations. Prior to joining Atour, Mr. Wu spent eight years with CMB International Capital Limited, where he has served as a Managing Director, a member of Invest