KE Holdings

KE Holdings, Inc. operates as a holding company that operates an integrated online and offline platform for housing transactions and services through its subsidiaries. It operates under the following segments: Existing Home Transaction Services, New Home Transaction Services, and Emerging and Other Services. The company was founded by Hui Zou, Yongdong Peng, and Shan Yi Gang on July 6, 2018 and is headquartered in Beijing, China.

Earnings data Q1 2021

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Earnings data Q3 2023

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Earnings data Q4 2024

KE Holdings reports strong Q4 performance and eyes market opportunities

KE Holdings (BEKE) delivered a strong performance in Q4 2022, with robust revenues, improved margins, and strategic initiatives driving operational efficiency and profitability.
Despite challenges in the housing market, the company's focus on quality growth, financial stability, and market neutrality positions it well for future opportunities and sustained success.
Opportunities lie in market expansion, positive consumer sentiment, and policy support, while challenges include market uncertainties and the need for continued optimization and risk management.
Overall, KE Holdings remains well-positioned for growth, with a neutral market view, stable financial foundation, and strategic focus on long-term stability and profitability.

KE Holdings excels in Q1, eyes sustainable growth and market expansion

KE Holdings delivered a strong performance in Q1 2023, showcasing its ability to outperform the market and capitalize on recovery opportunities.
The company's emphasis on sustainable growth, customer service, and enhancing capabilities positions it well for long-term success in the real estate industry.
While facing challenges in market stabilization and new home market growth, KE Holdings has opportunities to drive expansion through agent and store owner capabilities and innovative service offerings.

KE Holdings surpasses revenue expectations, focuses on sustainable growth

KE Holdings' Q2 2023 earnings call highlighted strong financial performance, profitability milestones, and strategic focus on customer-centric services and market expansion.
The company's emphasis on joyful living, career services, and virtuous cycles in key cities underpin its growth trajectory and commitment to quality service offerings.
While facing challenges in market dynamics and operational efficiency, KE Holdings is well-positioned to capitalize on growth opportunities in the evolving real estate landscape.

KE Holdings reports resilient Q3 performance amidst market challenges

KE Holdings' Q3 performance reflects resilience in a challenging market, with a focus on emerging businesses and strategic realignment towards residential housing.
The company's strengths lie in organizational enhancements, standardization efforts, and a customer-centric approach to industry development.
While facing challenges in the renovation sector and market uncertainties, KE Holdings is well-positioned to leverage upcoming upgrades and drive continuous improvement.
Opportunities for growth include system upgrades, workflow enhancements, and ongoing innovation in digital processes to support industry development and customer satisfaction.

KE Holdings reports robust 2023 performance and eyes growth in Beijing

KE Holdings delivered strong financial results in 2023, showcasing growth in revenue, operational efficiency, and network expansion. The company's focus on customer needs, quality service, and ecosystem development positions it well for continued success and market expansion in 2024.

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KE Holdings, Inc. engages in the provision of an integrated online and offline platform for housing transactions and services through its subsidiaries. It operates under the following segments: Existing Home Transaction Services, New Home Transaction Services, Home Renovation and Furnishing, and Emerging and Other Services. The Existing Home Transaction Services segment provides services in existing home market. The New Home Transaction Services segment consists of new home transaction services in new home market. The Home Renovation and Furnishing segment provides a one-stop solution to give housing customers access to a comprehensive range of home renovation and furnishing, ranging from interior design, renovation, re-modeling, furnishing, supplies, to after-sales maintenance and repair. The Emerging and Other Services segment includes rental property management service business, financial service business, and other newly developed businesses. The company was founded by Hui Zou, Yongdong Peng, and Shan Yi Gang on July 6, 2018 and is headquartered in Beijing, China.

I give a hold rating for KE Holdings as I await more proof of sustainable demand improvement in the Chinese property market. BEKE's 3Q24 earnings exceeded expectations with a 12.5% y/y GTV growth and a 26.8% y/y revenue increase, despite a challenging macro environment. Positive macro indicators, including significant transaction volume growth in tier 1 cities and improved consumer expectations.

KE Holdings: Upside Is Attractive, But I Prefer To Wait For More Proof

KE Holdings Inc. (NYSE:BEKE ) Q3 2024 Earnings Conference Call November 21, 2024 7:00 AM ET Company Participants Siting Li - IR Director Stanley Peng - Co-Founder, Chairman and CEO Tao Xu - Executive Director and CFO Conference Call Participants John Lam - UBS Timothy Zhao - Goldman Sachs Griffin Chan - Citi Thomas Chong - Jefferies Miranda Zhuang - Bank of America Securities Operator Hello, ladies and gentlemen. Thank you for standing by for KE Holdings, Inc.'s Third Quarter 2024 Earnings Conference Call.

KE Holdings Inc. (BEKE) Q3 2024 Earnings Call Transcript

BEIJING, Nov. 21, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE and HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the third quarter ended September 30, 2024.

KE Holdings Inc. Announces Third Quarter 2024 Unaudited Financial Results

BEIJING, Nov. 08, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE; HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced that it will report its unaudited financial results for the third quarter of 2024 before the U.S. market opens on Thursday, November 21, 2024.

KE Holdings Inc. to Report Third Quarter 2024 Financial Results on November 21, 2024 Eastern Time

KE Hodlings (BEKE) witnesses a hammer chart pattern, indicating support found by the stock after losing some value lately. This coupled with an upward trend in earnings estimate revisions could mean a trend reversal for the stock in the near term.

Here's Why KE Hodlings (BEKE) Could be Great Choice for a Bottom Fisher

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KE Hodlings (BEKE) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

KE Hodlings (BEKE) Moves 7.5% Higher: Will This Strength Last?

The average of price targets set by Wall Street analysts indicates a potential upside of 44.1% in KE Hodlings (BEKE). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

How Much Upside is Left in KE Hodlings (BEKE)? Wall Street Analysts Think 44.09%

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Investors looking for stocks in the Real Estate - Operations sector might want to consider either KE Holdings Inc. Sponsored ADR (BEKE) or Zillow (Z). But which of these two stocks presents investors with the better value opportunity right now?

BEKE vs. Z: Which Stock Is the Better Value Option?

KE Holdings reported strong Q2 2024 results, with GTV and net revenues increasing, demonstrating resilience in a challenging real estate market. Net revenues from new businesses like home renovation and furnishing, and home rental services showed impressive growth, offsetting mixed results from existing home transaction services. BEKE's strong balance sheet, increased share repurchase program, and undervalued current level indicate potential for over 50% upside, maintaining a "buy" rating.

KE Holdings: Still Undervalued After A Solid Quarter

KE Holdings Inc. (NYSE:BEKE ) Q2 2024 Earnings Call Transcript August 12, 2024 8:00 AM ET Company Participants Siting Li - IR Director Stanley Peng - Co-Founder, Chairman and CEO Tao Xu - Executive Director and CFO Conference Call Participants Harry Chen - Citigroup Thomas Chong - Jefferies Eddy Wang - Morgan Stanley Timothy Zhao - Goldman Sachs Operator Hello ladies and gentlemen. Thank you for standing by for KE Holdings, Inc. Second Quarter 2024 Earnings Conference Call.

KE Holdings Inc. (BEKE) Q2 2024 Earnings Call Transcript

BEIJING, Aug. 12, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE and HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced that its board of directors has approved the upsizing and extension of its share repurchase program.

KE Holdings Inc. Announces Upsizing and Extension of Share Repurchase Program

BEIJING, Aug. 12, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE and HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the second quarter ended June 30, 2024 and upsizing and extension of the share repurchase program.

KE Holdings Inc. Announces Second Quarter 2024 Unaudited Financial Results and Upsizing and Extension of Share Repurchase Program

BEIJING, July 31, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE; HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced that it will report its unaudited financial results for the second quarter of 2024 before the U.S. market opens on Monday, August 12, 2024.

KE Holdings Inc. to Report Second Quarter 2024 Financial Results on August 12, 2024 Eastern Time

Investors need to pay close attention to KE Hodlings (BEKE) stock based on the movements in the options market lately.

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Beike is the leading integrated online and offline platform for housing transactions in China, facilitating 4.4 million housing transactions in 2023. Beike's market share in existing homes is over 30% and in new homes is about 23%, with a focus on authentic property listings and Agent Cooperation Network. Beike's new businesses, including home renovation and furnishing, have experienced rapid growth, with revenue from new businesses increasing to almost 25% in 2023.

KE Holdings: A Decent Business In China's Most Hated Sector

BEIJING, June 14, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE; HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced that each of the proposed resolutions submitted for shareholders' approval (the “Proposed Resolutions”) as set forth in the notice of annual general meeting dated April 26, 2024 have been adopted at the meeting held in Beijing, China today.

KE Holdings Inc. Announces Results of Annual General Meeting

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KE Hodlings (BEKE) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can KE Hodlings (BEKE) Run Higher on Rising Earnings Estimates?

The mean of analysts' price targets for KE Hodlings (BEKE) points to a 27.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts See a 27.43% Upside in KE Hodlings (BEKE): Can the Stock Really Move This High?

KE Holdings Inc. (NYSE:BEKE ) Q1 2024 Earnings Conference Call May 23, 2024 8:00 AM ET Company Participants Siting Li - IR Director Stanley Peng - Co-Founder, Chairman and CEO Tao Xu - Executive Director and CFO Conference Call Participants Sophie Xiaodan Zhang - CICC Timothy Zhao - Goldman Sachs Griffin Chan - Citi John Lam - UBS Operator Hello, ladies and gentlemen. Thank you for standing by for KE Holdings Inc. First Quarter 2024 Earnings Conference Call.

KE Holdings Inc. (BEKE) Q1 2024 Earnings Call Transcript

After reaching an important support level, KE Holdings Inc. Sponsored ADR (BEKE) could be a good stock pick from a technical perspective. BEKE recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving average.

KE Holdings Inc. Sponsored ADR (BEKE) Now Trades Above Golden Cross: Time to Buy?

BEIJING, May 23, 2024 (GLOBE NEWSWIRE) -- KE Holdings Inc. (“Beike” or the “Company”) (NYSE: BEKE and HKEX: 2423), a leading integrated online and offline platform for housing transactions and services, today announced its unaudited financial results for the first quarter ended March 31, 2024.

KE Holdings Inc. Announces First Quarter 2024 Unaudited Financial Results

Here is how KE Holdings Inc. Sponsored ADR (BEKE) and BrightSphere Investment Group (BSIG) have performed compared to their sector so far this year.

News for KE Holdings Stock (BEKE)