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Kanzhun (NASDAQ:BZ) Azioni

Kanzhun

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Kanzhun's Boss Zhipin job platform connects job seekers and employers. Boss Zhipin is China's largest online recruitment platform based on average number of monthly active users, or MAU, and was established in 2014. Kanzhun earns revenue by providing services to enterprise customers primarily through its mobile app, which promotes engagement between recruiters and workers and operates on a recommendation basis powered by artificial intelligence. The platform specializes in transportation, logistics, construction, and service-based industries. About 85% of the companies looking to hire are small and medium-size enterprises. Its main competitors are 58.com, 51job, and Zhilian Zhaopin. Tencent has a 9.2% stake in Kanzhun.

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<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="900" height="600" src="https://contributor-assets.benzinga.com/wp-content/uploads/2025/03/21102050/Bossw-1.png" alt="" class="wp-image-8456" srcset="https://contributor-assets.benzinga.com/wp-content/uploads/2025/03/21102050/Bossw-1.png 900w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/03/21102050/Bossw-1-300x200.png 300w,https://contributor-assets.benzinga.com/wp-content/uploads/2025/03/21102050/Bossw-1-768x512.png 768w" sizes="(max-width: 900px) 100vw, 900px" /></figure>
The employment app faces big opportunities, but also challenges, as more people enter the workforce and signs emerge that companies may be ramping up recruitment
<h4 class="wp-block-heading">Key Takeaways:</h4>
<ul>
<li>Kanzhun's net profit jumped by 42.6% to 1.57 billion yuan last year</li>
<li>The operator of the Boss Zhipin recruitment app saw its number of monthly active users grow by 25.3% last year to 53 million</li>
</ul>
A line from a popular TV drama says that "The choppier the water, the more expensive the fish that live there." The implication is that the tougher the environment, the greater the payoff if you can successfully see your way through it.
China's recruitment industry fits that bill, made choppy by significant growth in recent years that's the direct result of growing unemployment in an economic slowdown after three decades of breakneck growth. That landscape is providing plenty of job applicants for recruitment services, even if these companies will only truly thrive when the broader economy picks up and companies step up their hiring again.
The latest financial report from&nbsp;Kanzhun Ltd.&nbsp;(BZ.US; 2076.HK), operator of China's biggest online recruitment platform, Boss Zhipin, was sending signals that such an economic recovery might be just around the corner.
Kanzhun announced solid gains on both its top and bottom lines last year, with annual revenue up by 23.6% year-on-year to 7.36 billion yuan ($1.02 billion) and net profit up by an even greater 42.6% to 1.57 billion yuan. The company was sitting on 14.7 billion yuan in cash and short-term investments by the end of last year, up by 13.8% from the 12.9 billion yuan at the end of 2023.&nbsp;
In terms of quarterly performance, Kanzhun's revenue grew by 15.4% year-on-year in the fourth quarter to 1.82 billion yuan, marking a sixth consecutive quarter of double-digit growth. Its net profit for the three months grew by 34.1% to 444.2 million yuan. The company's U.S.-listed shares rose by nearly 5% after the release of its latest report, as investors applauded its ability to continue posting double-digit growth even as many other companies are shrinking and falling into the red.
Kanzhun's business growth owes in no small part to its ever-growing customer base. Its monthly active users (MAU) reached 53 million in 2024, up 25.3% year-on-year, though the figure declined from 58 million in the third quarter to 52.7 million in the fourth. That said, Kanzhun's third-quarter user base was roughly equal to the combined total for three of its biggest rivals,&nbsp;Zhaopin,&nbsp;51job, and&nbsp;Tongdao Liepin&nbsp;(6100.HK), according to Questmobile, showing just what a giant the company is in China's recruitment sector.
<h4 class="wp-block-heading">Expanding enterprise-user base</h4>
Job seekers are like fish in the sea: The choppier the waves, the more they tend to swim together. Recruitment websites sell resumes of potential employees to employers, and such paid services constitute a large chunk of Kanzhun's revenue.
The company said its paying enterprise customers grew by 17.3% year-on-year to 6.1 million last year. That helped to fuel a jump in revenue from online recruitment services for such enterprise customers from 5.89 billion yuan in 2023 to 7.27 billion yuan last year, acting as a key driver of the company's revenue growth. Revenue from the company's value-added services for job seekers was much smaller but also logged 36.2% year-on-year growth to 85.7 million yuan.
It's also worth noting that Kanzhun is keeping its own costs under control. Its marketing expenses grew 4.1% from 1.99 billion yuan in 2023 to 2.07 billion yuan in 2024, mostly due to an increase in its own employment costs. That was partially offset by a decline in advertising and marketing expenses. By the end of last year, Kanzhun itself employed 5,688 people, up by 6% from 5,346 in 2023, representing an increase of 342 employees. Marketing and sales staff accounted for half of that.
<h4 class="wp-block-heading">Enter DeepSeek</h4>
In terms of technology, Kanzhun has integrated DeepSeek-R1 into Boss Zhipin and is conducting gray-box testing in some of the app's scenarios. It is also using its self-developed Nanbeige AI model to provide services. The company says the combination of Nanbeige and DeepSeek will allow it to cut costs further while ensuring the same level of service to users.
Among its services for recruiters, the platform's AI function can automatically select the most suitable candidates from the Boss Zhipin's vast database of job seekers and recommend them to employers, also providing explanations for its recommendations. More advanced services allow employers to engage with job applicants. Meanwhile, job seekers can use the platform's interactive interface that lets them articulate their needs in more natural language. They can also use the interface to access position and employment-related information and seek answers to their queries, as well as take part in simulated interviews.
UBS expressed its positive view on the company in a report, citing reviving recruitment sentiment from companies since the beginning of the year. It raised its first-quarter and full-year revenue projections for the company by 3.5% and 0.4%, respectively, translating to year-on-year growth to 12.2% and 12.1%. It maintained a "neutral" rating for the stock and increased its target price for Kanzhun's U.S.-listed shares from $17 to $19.50.
Kanzhun currently trades at a price-to-earnings (P/E) ratio of around 40 times, higher than the 19 times for&nbsp;Manpower Group&nbsp;(MAN.US), showing investors are fairly optimistic about the company's future growth. The real test now will be whether China's economy will be able to turn a corner, with such hopes already reflected in the recent rallies for Chinese stocks.
The employment challenge has always been a great concern for China, and that focus will be even bigger this year as the economy remains weak. An estimated 12.22 million college graduates are expected to enter the workforce in the summer, and it will quickly become clear if the job market has enough demand to absorb so many newcomers. That represents both a challenge and opportunity for job recruiters.
Kanzhun continues to boast leadership in the human resources industry thanks to the steady rise in people looking for jobs, and its ability to keep providing better service through its use of AI and other means. It will need to keep using such advantages to stay ahead of its adversaries, which includes not only rival recruitment agencies but also conservatism among its core enterprises customers as they wait to see if China's economy has indeed turned a corner.

Asia

Earnings

Equities

Opinion

DeepSeek User Kanzhun's Stock Up 10%+ On Solid Earnings

Barclays analyst Jiong Shao maintains Kanzhun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BZ#NASDAQ">BZ</a>) with a Overweight and raises the price target from $16 to $22.

News

Price Target

Analyst Ratings

Barclays Maintains Overweight on Kanzhun, Raises Price Target to $22

WIIM

Kanzhun shares are trading higher after the company reported better-than-expected Q4 financial results.

Outlook
For the first quarter of 2025, the Company currently expects its total revenues to be between RMB1.90 billion and RMB1.92 billion, representing a year-on-year increase of 11.5% to 12.7%. This forecast reflects the Company's current views on the market and operational conditions in China, which are subject to change and cannot be predicted with reasonable accuracy as of the date hereof.

Guidance

Kanzhun Expects Q1 Revenue Of RMB1.90B-RMB1.92B Vs RMB1.85B Est

Kanzhun Q4 Adj EPADS $0.22 Beats $0.21 Estimate, Sales $249.83M Beat $248.09M Estimate

<h3>Companies Reporting Before The Bell</h3>
• Exagen (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XGN#NASDAQ">XGN</a>) is projected to report quarterly loss at $0.24 per share on revenue of $13.85 million. 
• Core Molding Technologies (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/CMT#AMEX">CMT</a>) is expected to report quarterly earnings at $0.12 per share on revenue of $58.79 million. 
• FuelCell Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCEL#NASDAQ">FCEL</a>) is expected to report quarterly loss at $1.35 per share on revenue of $33.49 million. 
• BrainsWay (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BWAY#NASDAQ">BWAY</a>) is projected to report quarterly earnings at $0.02 per share on revenue of $10.89 million. 
• Holley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HLLY#NYSE">HLLY</a>) is estimated to report quarterly earnings at $0.02 per share on revenue of $137.60 million. 
• RumbleON (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMBL#NASDAQ">RMBL</a>) is expected to report quarterly loss at $0.23 per share on revenue of $278.42 million. 
• Bioventus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BVS#NASDAQ">BVS</a>) is estimated to report quarterly earnings at $0.08 per share on revenue of $145.16 million. 
• Gauzy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GAUZ#NASDAQ">GAUZ</a>) is estimated to report quarterly loss at $0.21 per share on revenue of $30.33 million. 
• Agenus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AGEN#NASDAQ">AGEN</a>) is expected to report quarterly loss at $2.54 per share on revenue of $30.09 million. 
• Kohl's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KSS#NYSE">KSS</a>) is projected to report quarterly earnings at $0.77 per share on revenue of $5.18 billion. 
• First Watch Restaurant Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FWRG#NASDAQ">FWRG</a>) is expected to report quarterly earnings at $0.03 per share on revenue of $263.07 million. 
• United Natural Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNFI#NYSE">UNFI</a>) is likely to report quarterly earnings at $0.16 per share on revenue of $7.96 billion. 
• ECARX Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ECX#NASDAQ">ECX</a>) is likely to report quarterly loss at $0.10 per share on revenue of $240.78 million. 
• Ciena (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) is estimated to report quarterly earnings at $0.41 per share on revenue of $1.05 billion. 
• Dick's Sporting Goods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>) is likely to report quarterly earnings at $3.51 per share on revenue of $3.77 billion. 
• Endeavour Silver (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EXK#NYSE">EXK</a>) is projected to report quarterly loss at $0.01 per share on revenue of $47.78 million. 
• Endeavor Group Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EDR#NYSE">EDR</a>) is likely to report quarterly loss at $0.01 per share on revenue of $47.78 million. 
• European Wax Center (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EWCZ#NASDAQ">EWCZ</a>) is projected to report quarterly earnings at $0.06 per share on revenue of $52.17 million. 
• QuantaSing Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QSG#NASDAQ">QSG</a>) is estimated to report quarterly earnings at $0.20 per share on revenue of $98.59 million. 
• Kanzhun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BZ#NASDAQ">BZ</a>) is likely to report quarterly earnings at $0.21 per share on revenue of $248.09 million. 
• ATRenew (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RERE#NYSE">RERE</a>) is likely to report quarterly earnings at $0.07 per share on revenue of $662.40 million. 
• Legend Biotech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LEGN#NASDAQ">LEGN</a>) is expected to report quarterly loss at $0.33 per share on revenue of $178.93 million. 
• Ferguson Enterprises (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FERG#NYSE">FERG</a>) is expected to report quarterly earnings at $1.60 per share on revenue of $6.76 billion. 
• Achieve Life Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACHV#NASDAQ">ACHV</a>) is expected to report earnings for its fourth quarter. 
• 36KR Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRKR#NASDAQ">KRKR</a>) is expected to report earnings for its Fiscal Year 2024. 
• Syra Health (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYRA#NASDAQ">SYRA</a>) is projected to report quarterly loss at $0.07 per share on revenue of $2.01 million. 
• Korn Ferry (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KFY#NYSE">KFY</a>) is expected to report quarterly earnings at $1.13 per share on revenue of $650.45 million. 
• Eltek (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELTK#NASDAQ">ELTK</a>) is likely to report quarterly earnings at $0.24 per share on revenue of $13.40 million. 
• Ultralife (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULBI#NASDAQ">ULBI</a>) is expected to report quarterly earnings at $0.15 per share on revenue of $40.00 million. 
• Viking Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIK#NYSE">VIK</a>) is expected to report quarterly earnings at $0.34 per share on revenue of $1.34 billion. 
• Wheels Up Experience (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UP#NYSE">UP</a>) is estimated to report earnings for its fourth quarter. 
• Global Indemnity Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBLI#NYSE">GBLI</a>) is expected to report quarterly earnings at $0.78 per share on revenue of $114.00 million. 
• Nuwellis (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUWE#NASDAQ">NUWE</a>) is estimated to report quarterly loss at $0.43 per share on revenue of $2.50 million. 
<h3>Companies Reporting After The Bell</h3>
• Champions Oncology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSBR#NASDAQ">CSBR</a>) is projected to report quarterly loss at $0.01 per share on revenue of $12.93 million. 
• Smith Micro Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMSI#NASDAQ">SMSI</a>) is expected to report quarterly loss at $0.11 per share on revenue of $5.13 million. 
• Groupon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRPN#NASDAQ">GRPN</a>) is likely to report quarterly earnings at $0.21 per share on revenue of $127.74 million. 
• SuRo Capital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSSS#NASDAQ">SSSS</a>) is likely to report quarterly loss at $0.21 per share on revenue of $492 thousand. 
• Avino Silver &amp; Gold Mines (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/ASM#AMEX">ASM</a>) is projected to report quarterly earnings at $0.01 per share on revenue of $17.20 million. 
• SIGA Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIGA#NASDAQ">SIGA</a>) is likely to report earnings for its fourth quarter. 
• Voyager Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VYGR#NASDAQ">VYGR</a>) is expected to report quarterly loss at $0.35 per share on revenue of $16.58 million. 
• Zynex (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZYXI#NASDAQ">ZYXI</a>) is projected to report quarterly earnings at $0.09 per share on revenue of $53.65 million. 
• Verrica Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRCA#NASDAQ">VRCA</a>) is estimated to report quarterly loss at $0.24 per share on revenue of $1.30 million. 
• Superior Gr of Cos (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SGC#NASDAQ">SGC</a>) is expected to report quarterly earnings at $0.17 per share on revenue of $146.54 million. 
• E W Scripps (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>) is expected to report quarterly earnings at $0.99 per share on revenue of $716.06 million. 
• Cadre Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CDRE#NYSE">CDRE</a>) is expected to report quarterly earnings at $0.51 per share on revenue of $171.77 million. 
• Zevra Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZVRA#NASDAQ">ZVRA</a>) is projected to report quarterly loss at $0.40 per share on revenue of $8.93 million. 
• Pursuit Attractions (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRSU#NYSE">PRSU</a>) is estimated to report earnings for its fourth quarter. 
• Grove Collaborative Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GROV#NYSE">GROV</a>) is projected to report quarterly loss at $0.15 per share on revenue of $48.79 million. 
• Synchronoss Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNCR#NASDAQ">SNCR</a>) is projected to report quarterly earnings at $0.09 per share on revenue of $43.76 million. 
• Natures Sunshine Products (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NATR#NASDAQ">NATR</a>) is expected to report quarterly earnings at $0.20 per share on revenue of $109.46 million. 
• Finance of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FOA#NYSE">FOA</a>) is likely to report quarterly earnings at $0.46 per share on revenue of $80.61 million. 
• Concrete Pumping Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BBCP#NASDAQ">BBCP</a>) is projected to report quarterly earnings at $0.03 per share on revenue of $89.86 million. 
• loanDepot (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LDI#NYSE">LDI</a>) is likely to report quarterly loss at $0.01 per share on revenue of $310.08 million. 
• CuriosityStream (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CURI#NASDAQ">CURI</a>) is estimated to report quarterly loss at $0.02 per share on revenue of $13.10 million. 
• Stitch Fix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SFIX#NASDAQ">SFIX</a>) is projected to report quarterly loss at $0.11 per share on revenue of $297.27 million. 
• Eastern (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EML#NASDAQ">EML</a>) is likely to report earnings for its fourth quarter. 
• Allbirds (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BIRD#NASDAQ">BIRD</a>) is estimated to report quarterly loss at $3.45 per share on revenue of $55.86 million. 
• Westrock Coffee (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WEST#NASDAQ">WEST</a>) is expected to report quarterly loss at $0.12 per share on revenue of $228.75 million. 
• Casey's General Stores (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CASY#NASDAQ">CASY</a>) is likely to report quarterly earnings at $2.59 per share on revenue of $3.78 billion. 
• Oil-Dri Corp of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ODC#NYSE">ODC</a>) is projected to report earnings for its second quarter. 
• Vitesse Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VTS#NYSE">VTS</a>) is estimated to report quarterly earnings at $0.24 per share on revenue of $65.19 million. 
• Bowman Consulting Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BWMN#NASDAQ">BWMN</a>) is estimated to report quarterly earnings at $0.27 per share on revenue of $110.71 million. 
• MaxCyte (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MXCT#NASDAQ">MXCT</a>) is estimated to report quarterly loss at $0.13 per share on revenue of $7.67 million. 
• Heritage Insurance Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRTG#NYSE">HRTG</a>) is likely to report quarterly earnings at $0.58 per share on revenue of $208.37 million. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ACHV

AGEN

BBCP

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BWAY

BWMN

CASY

CDRE

CIEN

CSBR

CURI

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FCEL

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GAUZ

GBLI

GROV

GRPN

HLLY

HRTG

KRKR

LEGN

MXCT

NATR

NUWE

PRSU

RERE

RMBL

SFIX

SIGA

SMSI

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ULBI

UNFI

VRCA

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WEST

ZVRA

ZYXI

Earnings Scheduled For March 11, 2025

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Total paid enterprise customers in the twelve months ended September 30, 2024 were 6.0 million, an increase of 22.4% from 4.9 million in the twelve months ended September 30, 2023.Average monthly active users (MAU) for
<ul>
<li>Total paid enterprise customers in the twelve months ended September 30, 2024 were 6.0 million, an increase of 22.4% from 4.9 million in the twelve months ended September 30, 2023.</li>
<li>Average monthly active users (MAU) for the third quarter of 2024 were 58.0 million, an increase of 30.0% from 44.6 million for the same quarter of 2023.</li>
</ul>

Kanzhun Reported Q3 MAU Of 58M, Up By 30% YoY

Outlook
For the fourth quarter of 2024, the Company currently expects its total revenues to be between RMB1.795 billion and RMB1.81 billion, representing a year-on-year increase of 13.6% to 14.6%.

Kanzhun Expects Q4 Revenue Of RMB1.795B-RMB1.810B Vs RMB1.826B Est

Kanzhun Q3 Adj EPADS $0.23 Beats $0.22 Estimate, Sales $272.40M Beat $266.36M Estimate

<h3>Companies Reporting Before The Bell</h3>
• Vera Bradley (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRA#NASDAQ">VRA</a>) is likely to report quarterly earnings at $0.06 per share on revenue of $98.70 million. 
• REV Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/REVG#NYSE">REVG</a>) is expected to report quarterly earnings at $0.49 per share on revenue of $603.33 million. 
• Macy's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>) is projected to report quarterly earnings at $0.03 per share on revenue of $4.72 billion. 
• Cognyte Software (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGNT#NASDAQ">CGNT</a>) is expected to report quarterly loss at $0.04 per share on revenue of $87.42 million. 
• Kanzhun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BZ#NASDAQ">BZ</a>) is estimated to report quarterly earnings at $0.22 per share on revenue of $266.36 million. 
• Photronics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLAB#NASDAQ">PLAB</a>) is likely to report quarterly earnings at $0.52 per share on revenue of $218.00 million. 
• Waterdrop (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WDH#NYSE">WDH</a>) is estimated to report earnings for its third quarter. 
<h3>Companies Reporting After The Bell</h3>
• Nordson (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) is projected to report quarterly earnings at $2.59 per share on revenue of $736.79 million. 
• Oxford Industries (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OXM#NYSE">OXM</a>) is estimated to report quarterly earnings at $0.09 per share on revenue of $316.83 million. 
• Adobe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) is estimated to report quarterly earnings at $4.66 per share on revenue of $5.54 billion. 
• Champions Oncology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSBR#NASDAQ">CSBR</a>) is likely to report quarterly earnings at $0.01 per share on revenue of $13.05 million. 
• 17 Education &amp; Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/YQ#NASDAQ">YQ</a>) is estimated to report earnings for its third quarter. 
• Kewaunee Scientific (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KEQU#NASDAQ">KEQU</a>) is estimated to report earnings for its second quarter. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Earnings Scheduled For December 11, 2024

Shares of US-listed Chinese stocks are trading lower following weak China import data.

Kanzhun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BZ#NASDAQ">BZ</a>) will release its quarterly earnings report on Wednesday, 2024-12-11. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Kanzhun to report an earnings per share (EPS) of $0.22.
Anticipation surrounds Kanzhun's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
<h3>Past Earnings Performance</h3>
Last quarter the company beat EPS by $0.01, which was followed by a 12.51% increase in the share price the next day.
Here's a look at Kanzhun's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.21</td>
<td>0.13</td>
<td>0.16</td>
<td></td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.22</td>
<td>0.16</td>
<td>0.20</td>
<td>0.22</td>
</tr>
<tr>
<td>Price Change %</td>
<td>13.0%</td>
<td>2.0%</td>
<td>-0.0%</td>
<td>7.000000000000001%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1733839245_0.png" alt="eps graph" />
<h3>Tracking Kanzhun's Stock Performance</h3>
Shares of Kanzhun were trading at $15.34 as of December 09. Over the last 52-week period, shares are down 2.54%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. 
<h3>Analysts' Perspectives on Kanzhun</h3>
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Kanzhun.
Analysts have provided Kanzhun with 3 ratings, resulting in a consensus rating of Buy. The average one-year price target stands at $15.67, suggesting a potential 2.15% upside.
<h3>Comparing Ratings with Peers</h3>
The analysis below examines the analyst ratings and average 1-year price targets of CarGurus, ZoomInfo Technologies and Yelp, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.
<ul>
<li>CarGurus received a Outperform consensus from analysts, with an average 1-year price target of $40.35, implying a potential 163.04% upside.</li>
<li>The prevailing sentiment among analysts is an Neutral trajectory for ZoomInfo Technologies, with an average 1-year price target of $11.3, implying a potential 26.34% downside.</li>
<li>The prevailing sentiment among analysts is an Neutral trajectory for Yelp, with an average 1-year price target of $35.0, implying a potential 128.16% upside.</li>
</ul>
<h3>Peers Comparative Analysis Summary</h3>
In the peer analysis summary, key metrics for CarGurus, ZoomInfo Technologies and Yelp are highlighted, providing an understanding of their respective standings within the industry and offering insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>IAC</td>
<td>Buy</td>
<td>-15.53%</td>
<td>$680.91M</td>
<td>-4.14%</td>
</tr>
<tr>
<td>CarGurus</td>
<td>Outperform</td>
<td>5.44%</td>
<td>$182.55M</td>
<td>4.81%</td>
</tr>
<tr>
<td>ZoomInfo Technologies</td>
<td>Neutral</td>
<td>-3.25%</td>
<td>$256.30M</td>
<td>1.35%</td>
</tr>
<tr>
<td>Yelp</td>
<td>Neutral</td>
<td>4.41%</td>
<td>$327.96M</td>
<td>5.21%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Kanzhun ranks at the top for Revenue Growth and Gross Profit, outperforming its peers. However, it ranks at the bottom for Return on Equity. Overall, Kanzhun's financial performance is strong compared to its peers, with a focus on revenue generation and profitability.
<h3>Discovering Kanzhun: A Closer Look</h3>
Kanzhun's Boss Zhipin job platform connects job seekers and employers. Boss Zhipin is China's largest online recruitment platform based on average number of monthly active users, or MAU, and was established in 2014. Kanzhun earns revenue by providing services to enterprise customers primarily through its mobile app, which promotes engagement between recruiters and workers and operates on a recommendation basis powered by artificial intelligence. The platform specializes in transportation, logistics, construction, and service-based industries. About 85% of the companies looking to hire are small and medium-size enterprises. Its main competitors are 58.com, 51job, and Zhilian Zhaopin. Tencent has a 9.2% stake in Kanzhun.
<h3>Breaking Down Kanzhun's Financial Performance</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Positive Revenue Trend: Examining Kanzhun's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 28.85% as of 30 June, 2024, showcasing a substantial increase in top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Communication Services sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 22.0%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): Kanzhun's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 2.92%, the company showcases efficient use of equity capital and strong financial health.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.23%, the company showcases effective utilization of assets.
Debt Management: Kanzhun's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.03.
<a href="https://www.benzinga.com/quote/BZ/earnings">To track all earnings releases for Kanzhun visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Outlook For Kanzhun

Barclays analyst Jiong Shao maintains Kanzhun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BZ#NASDAQ">BZ</a>) with a Overweight and raises the price target from $14 to $16.

Barclays Maintains Overweight on Kanzhun, Raises Price Target to $16

General

Kanzhun shares are trading lower after Bernstein downgraded the stock from Outperform to Market Perform and cut its price target from $19 to $15.

Bernstein analyst Robin Zhu downgrades Kanzhun (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BZ#NASDAQ">BZ</a>) from Outperform to Market Perform and lowers the price target from $19 to $15.

Downgrades

Bernstein Downgrades Kanzhun to Market Perform, Lowers Price Target to $15

Shares of US-listed Chinese stocks are trading lower in possible reaction to president-elect Trump's administration picks, which could raise concerns of a tougher China stance.

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Shares of US-listed Chinese stocks are trading higher after China's Sept. retail sales and industrial production data beat estimates.

Press Releases

KANZHUN LIMITED to Report Second Quarter 2024 Results on August 28, 2024

KANZHUN LIMITED Announces Second Quarter 2024 Financial Results

KANZHUN LIMITED Announces Adoption of New Share Repurchase Program

Management

KANZHUN LIMITED Upsizes Total Share Repurchase Program to US$350 Million With a New Program

Allink Biotherapeutics Raises $42M Series A Financing to Accelerate Global Development of Bispecific Antibody and ADC Pipeline

KANZHUN LIMITED Continues Share Repurchase Program, Buying Back RMB1.4 Billion Worth of Ordinary Shares

KANZHUN LIMITED to Report Third Quarter 2024 Results on December 11, 2024

KANZHUN LIMITED Announces Third Quarter 2024 Financial Results

KANZHUN LIMITED to Report Fourth Quarter and FY2024 Results on March 11, 2025

KANZHUN LIMITED Announces Fourth Quarter and Full Year 2024 Financial Results

Autohome Inc. American Depositary Shares, each representing four class A ordinary shares.

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