KE Holdings’ Upcoming Q1 Earnings Preview 
<p>Citi raised its price target for <a href='https://financialmodelingprep.com/financial-summary/BEKE'>KE Holdings (NYSE:BEKE)</a> to $25.20 from $24.50, while reiterating its Buy rating ahead of the company’s upcoming Q1/23 earnings, scheduled to be released on May 17.</p>
<p>The analysts expect the company's earnings to be revised upward due to several factors: successful execution of their strategy, changes in the housing market that favor existing home listings, and being well-positioned in the property agency services sector. </p>
<p>The analysts highlighted the growth in new homes and existing homes, with the latter showing significant year-on-year growth. Additionally, they expect revenue from renovation and refurnishing services to contribute positively. The company's adjusted net profit margin is expected to be strong due to reduced operating expenses. </p>

NYSE:BEKE