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So-Young International (NASDAQ:SY) Announces Earnings Results, Beats Expectations By $0.53 EPS
So-Young International (NASDAQ:SY) announced its quarterly earnings, reporting an EPS of ($0.15), significantly beating the consensus estimate of ($0.68) by $0.53. Despite the EPS beat, the company’s revenue of $65.85 million fell considerably short of the estimated $442.62 million, and it posted negative net margins and return on equity. Institutional investors have shown increased interest, with several hedge funds boosting their holdings, and analysts currently have a “Hold” rating with a target price of $5.50.