ZKH Earnings

ZKH reported its FY2025Q1 earnings on 2025-05-20, showcasing a revenue of 1.94B against an estimate of 1.84B, resulting in a 4.9% surprise. The EPS was -0.06, surpassing the expected 0 by 0%. The stock experienced a -3.25% price change on the earnings day and a -7.14% change over the next five days, reflecting market reactions to the results.

Following ZKH's FY2025Q1 earnings announcement on 2025-05-20, the stock price moved by -3.25% on the day of the release. Over the subsequent five days, it saw a -7.14% change. Historically, ZKH's stock price tends to shift by an average of -2.29% in the 10 days leading up to earnings and -5.98% in the 10 days following, providing insight into potential market.

For 2025/Q3, analysts estimate ZKH's annual revenue to reach 2.28B, while the EPS is projected at 0.19. These estimates reflect recent revisions, with revenue estimates revised downward by -0.09% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between ZKH's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were revised downward by -0.09%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, ZKH's stock price typically moves by -2.29% in the 10 days before its earnings and -5.98% in the 10 days after. For the upcoming 2025/Q3 earnings, analysts expect an EPS of 0.19 and revenue of 2.28B.

The earnings call reveals a mixed but generally positive outlook. Financial performance shows improvement with revenue growth, narrowed losses, and increased cash flow. Despite a GMV decline, gross margin and private label growth are strong. The Q&A highlights management's confidence in profitability and strategic overseas expansion. While risks exist in AI reliance and supply chain, management's clear responses and strategic focus on efficiency and growth signal potential positive stock movement.