Kanzhun (NASDAQ:BZ) Announces Quarterly Earnings Results

Kanzhun (NASDAQ:BZGet Free Report) released its earnings results on Tuesday. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.07), Zacks reports. Kanzhun had a net margin of 20.65% and a return on equity of 10.31%. Kanzhun updated its Q1 2025 guidance to EPS.

Kanzhun Stock Down 2.5 %

Shares of BZ opened at $17.41 on Tuesday. The stock has a 50 day moving average price of $15.06 and a 200 day moving average price of $14.53. The company has a market capitalization of $6.63 billion, a price-to-earnings ratio of 38.69 and a beta of 0.46. Kanzhun has a 52-week low of $10.57 and a 52-week high of $22.74.

Analyst Upgrades and Downgrades

BZ has been the subject of several research reports. Sanford C. Bernstein downgraded Kanzhun from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $19.00 to $15.00 in a research report on Monday, December 9th. Barclays boosted their price objective on Kanzhun from $14.00 to $16.00 and gave the stock an “overweight” rating in a research report on Monday, December 9th. CLSA assumed coverage on Kanzhun in a research report on Monday, November 18th. They set an “outperform” rating and a $18.00 price objective for the company. Finally, Citigroup lowered their price objective on Kanzhun from $17.00 to $16.00 and set a “buy” rating for the company in a research report on Friday, November 29th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Kanzhun has an average rating of “Moderate Buy” and a consensus target price of $21.00.

Check Out Our Latest Report on Kanzhun

About Kanzhun

(Get Free Report)

Kanzhun Limited, together with its subsidiaries, provides online recruitment services in the People's Republic of China. The company offers its recruitment services through a mobile app under the BOSS Zhipin brand name. Its services allow enterprise customers to access and interact with job seekers and manage their recruitment process.

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Earnings History for Kanzhun (NASDAQ:BZ)

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