Yatsen Holding (YSG) Misses Q4 EPS by 2c; Offers Q1 2022 Revenue Guidance

Yatsen Holding (NYSE: YSG) reported Q4 EPS of ($0.08), $0.02 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $239.8 million versus the consensus estimate of $252.56 million.

For the first quarter of 2022, the Company expects its total net revenues to be between RMB866.7 million and RMB938.9 million, representing a year-over-year decline of approximately 35% to 40%, primarily due to (i) high base of comparison to the prior year period which resulted from release of the pent-up demand due to the COVID-19 recovery, (ii) the softer-than-expected industry-wide color cosmetics sales, and (iii) continued focus on operating margin improvement and limits on discounts.

For earnings history and earnings-related data on Yatsen Holding (YSG) click here.

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