I reiterate my buy rating on Kanzhun, as 1Q25 results show strong revenue growth, profitability rebound, and early AI monetization signals. Platform engagement remains robust, with rising hiring activity and user growth, even as the company reduced marketing spend, highlighting strong network effects. Expansion into blue-collar and lower-tier city markets is accelerating, unlocking new growth avenues and validating BZ's strategic direction.
KANZHUN LIMITED Sponsored ADR (BZ) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.16 per share a year ago.
I reiterate my buy rating on Kanzhun Ltd. due to strong fundamentals, solid user activity, enterprise demand, and upcoming AI monetization. Q4 2024 results were robust, with revenue up 15.4% y/y and adj. EBIT growing 27% y/y, showcasing impressive financial performance despite macro softness. BZ's blue-collar penetration is progressing well, with blue-collar roles making up 38% of total revenue, expected to climb to 43% by 2027.
I upgrade Kanzhun stock from Hold to Buy due to its favorable near-term and long-term prospects. My prediction is that BZ will report an improved set of results for the first quarter; this considers factors like positive read-throughs from mobile app data and management commentary regarding potential pricing actions. The company's intermediate- to long-term growth opportunities include the under-penetrated blue-collar worker segment and the expansion into new geographical markets.
Kanzhun Limited (NASDAQ:BZ ) Q4 2024 Results Conference Call March 11, 2025 8:00 AM ET Company Participants Wenbei Wang - Head of Investor Relations Jonathan Peng Zhao - Founder, Chairman & Chief Executive Officer Phil Yu Zhang - Director and Chief Financial Officer Conference Call Participants Eddy Wang - Morgan Stanley Timothy Zhao - Goldman Sachs Wei Xiong - UBS Operator Ladies and gentlemen, thank you for standing by, and welcome to Kanzhun Limited Fourth Quarter and Fiscal Year 2024 Financial Results Conference Call. [Operator Instructions] Today's conference is being recorded.
KANZHUN LIMITED Sponsored ADR (BZ) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.21 per share. This compares to earnings of $0.20 per share a year ago.
Here is how KANZHUN LIMITED Sponsored ADR (BZ) and Celestica (CLS) have performed compared to their sector so far this year.
Kanzhun (BZ) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
I reiterate my buy rating for Kanzhun Ltd. due to strong fundamentals, robust revenue growth, and a positive growth outlook amid an improving macro backdrop. BZ's 3Q24 earnings showed revenue growth of 19% y/y, driven by online recruitment services, with a 30% y/y increase in monthly average users to 58 million. BZ's market position is solidified as the largest online recruitment platform, with significant market share gains and a headroom of 170 million users to capture.
Kanzhun Limited (NASDAQ:BZ ) Q3 2024 Earnings Conference Call December 11, 2024 7:00 AM ET Company Participants Wenbei Wang - Head of Investor Relations Jonathan Peng Zhao - Founder, Chairman and Chief Executive Officer Phil Yu Zhang - Director and Chief Financial Officer Conference Call Participants Eddy Wang - Morgan Stanley Timothy Zhao - Goldman Sachs Wei Xiong - UBS Yanyan Xiao - CICC Operator Ladies and gentlemen, thank you for standing by, and welcome to the Kanzhun Limited Third Quarter 2024 Financial Results Conference Call. At this time, all participants are in a listen-only mode.
KANZHUN LIMITED Sponsored ADR (BZ) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.22 per share a year ago.
Kanzhun (BZ) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.