So-Young International Inc. ($SY) 2Q20 Earnings Preview

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So-Young International Inc. (NASDAQ:SY) is reporting second quarter financial results on Thursday 27th August 2020, before market open.

According to analysts surveyed by Thomson Reuters, SY is expected to report 2Q20 income of $ 0.08 per share from revenue of $ 49.63 million.

For the full year, analysts anticipate top line of $ 231.79 million, while looking forward to income of $ 0.39 per share bottom line.

The Company Outlook

Revenue for 2Q20 are expected in a range of $ 45.20 million ~ $ 49.40 million

Click Here For More Historical Outlooks Of So-Young International Inc.

Previous Quarter Performance

So-Young International Inc. communicated loss for the first quarter of $ 0.06 per share, from the revenue of $ 25.78 million. The quarterly revenues reduced 11.20 percent compared with the same quarter last year. Wall street analysts are predicting, SY to report 1Q20 loss of $ 0.01 per share from revenue of $ 24.75 million. The bottom line results missed street analysts by $ 0.05 or 500 percent, at the same time, top line results outshined analysts by $ 1.03 million or 4.16 percent.

Stock Performance

Shares of So-Young International Inc. traded low $ -0.14 or -1.18 percent on Wednesday, reaching $ 11.76 with volume of 1.14 million shares. So-Young International Inc. has traded high as $ 12.12 and has cracked $ 11.66 on the downward trend

The closing price of $ 11.76, representing a 48.19 % increase from the 52 week low of $ 8.03 and a 29.83 % decrease over the 52 week high of $ 16.96.

The company has a market capital of $ 1.25 billion and is part of the Technology sector and Health Information Services industry.

Conference Call

So-Young International Inc. will be hosting a conference call at 7:30 AM eastern time on 27th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/nzqjc8vx

So-Young International Inc. operates an online platform for discovering, evaluating, and reserving medical aesthetic services. The company facilitates research for treatments, read reviews about them, and book appointments on the platform and blog under the name Beauty Diaries.