ATRenew (NYSE:RERE) Releases Quarterly Earnings Results, Meets Expectations

Key Points

• ATRenew (NYSE:RERE) reported earnings per share (EPS) of $0.05 for the quarter, aligning with analysts' expectations and showing a net margin of 0.73%.
• The company's stock rose by 5.3% following the earnings announcement, with shares priced at $4.6350 and a market capitalization of $1.13 billion.
• Institutional investors increased their stakes in ATRenew, with notable increases from JPMorgan Chase & Co. and Jane Street Group LLC, reflecting growing confidence in the stock.

ATRenew (NYSE:RERE - Get Free Report) posted its quarterly earnings data on Wednesday. The company reported $0.05 EPS for the quarter, hitting the consensus estimate of $0.05, Zacks reports. ATRenew had a return on equity of 9.04% and a net margin of 1.13%.The company had revenue of $696.56 million during the quarter, compared to analyst estimates of $4.79 billion. ATRenew updated its Q3 2025 guidance to EPS.

ATRenew Stock Down 1.3%

NYSE:RERE traded down $0.06 during trading hours on Monday, reaching $4.49. 2,494,083 shares of the stock were exchanged, compared to its average volume of 1,556,893. The business has a 50-day moving average of $3.56 and a two-hundred day moving average of $3.03. ATRenew has a twelve month low of $2.00 and a twelve month high of $4.93. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of 37.41 and a beta of 0.20.

ATRenew declared that its board has approved a share repurchase program on Monday, June 30th that permits the company to buyback $0.00 in outstanding shares. This buyback authorization permits the company to purchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its shares are undervalued.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. Caxton Associates LLP acquired a new stake in shares of ATRenew in the first quarter valued at $114,000. Cubist Systematic Strategies LLC raised its stake in shares of ATRenew by 15.9% in the first quarter. Cubist Systematic Strategies LLC now owns 66,119 shares of the company's stock valued at $194,000 after acquiring an additional 9,094 shares in the last quarter. E Fund Management Co. Ltd. acquired a new stake in shares of ATRenew in the second quarter valued at $406,000. Sei Investments Co. raised its stake in shares of ATRenew by 121.0% in the second quarter. Sei Investments Co. now owns 154,591 shares of the company's stock valued at $512,000 after acquiring an additional 84,644 shares in the last quarter. Finally, Jane Street Group LLC raised its stake in shares of ATRenew by 323.0% in the second quarter. Jane Street Group LLC now owns 212,183 shares of the company's stock valued at $702,000 after acquiring an additional 162,021 shares in the last quarter. 19.29% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded ATRenew from a "buy" rating to a "strong-buy" rating in a research report on Friday.

ATRenew Company Profile

ATRenew Inc, through its subsidiaries, operates pre-owned consumer electronics transactions and services platform in the People's Republic of China. It primarily sells mobile phones, laptops, tablets, drones, digital cameras; and vintage bags, watches, liquor, gold, and various household goods through its online platforms and offline stores, as well as provides services to third-party merchants to sell the products through its platforms.