Secoo (SECO) to Release Quarterly Earnings on Tuesday

Secoo (NASDAQ:SECO) will be issuing its quarterly earnings data before the market opens on Tuesday, June 19th. Analysts expect the company to announce earnings of $0.10 per share for the quarter.

Secoo (NASDAQ:SECO) last announced its earnings results on Thursday, March 22nd. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.10 by $0.04. The company had revenue of $1.41 billion for the quarter, compared to the consensus estimate of $1.31 billion. The business’s quarterly revenue was up 60.5% on a year-over-year basis. During the same period in the previous year, the firm posted $0.64 EPS. On average, analysts expect Secoo to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of SECO stock traded up $0.05 during midday trading on Thursday, hitting $9.80. 503 shares of the company were exchanged, compared to its average volume of 239,860. The company has a market capitalization of $131.02 million and a price-to-earnings ratio of 12.89. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.01 and a current ratio of 2.30. Secoo has a 52 week low of $6.61 and a 52 week high of $14.75.

SECO has been the subject of a number of research analyst reports. Zacks Investment Research upgraded shares of Secoo from a “hold” rating to a “buy” rating and set a $12.00 price objective for the company in a research report on Saturday, March 31st. BidaskClub cut shares of Secoo from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 27th. Finally, ValuEngine lowered shares of Secoo from a “buy” rating to a “hold” rating in a report on Saturday, June 2nd.

Secoo Company Profile

Secoo Holding Limited, through its subsidiaries, operates an integrated online and offline shopping platform in the People's Republic of China and internationally. The company provides upscale brand products and services, including bags, watches, women's and men's wear, footwear, children's wear, sportswear, cosmetics and skin care products, jewelry, accessories, automobiles, home goods, fine food and beverage products, arts, and Chinese original products, as well as lifestyle services through its Website, mobile applications, and offline experience centers.

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