KE Holdings Inc. Announces Third Quarter 2020 Unaudited Financial Results

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KE Holdings Inc. (BEKE) Tops Q3 EPS by 8c, Revenues Beat; Offers 4Q Revenue Guidance

November 16, 2020 4:04 PM EST

KE Holdings Inc. (NYSE: BEKE) reported Q3 EPS of $0.25, $0.08 better than the analyst estimate of $0.17. Revenue for the quarter came in at $3 billion versus the consensus estimate of $2.59 billion.

Business Highlights for the Third Quarter of 2020

Gross transaction value (GTV)1 was RMB1,050.0 billion (US$154.6 billion), an increase of 87.2% year-over-year. GTV of existing home transactions was RMB576.1 billion (US$84.8 billion), an increase of 71.8% year-over-year. GTV of new home transactions was RMB420.7 billion (US$62.0 billion), an increase of 105.7% year-over-year. GTV of emerging and other services was RMB53.2 billion (US$7.8 billion), an increase of 151.5%... More