NASDAQ: WETH
Wetouch Technology Inc Earnings Dates, Reports, Calls

Wetouch Technology earnings were $3.9M for the trailing 12 months ending Sep 30, 2024, with -75.7% growth year over year. The latest WETH earnings report on Sep 30, 2024 announced Q3 2024 earnings of $2.7M, down 1.5% from last quarter. For the last reported fiscal year 2023 ending Dec 31, 2023, WETH reported annual earnings of $8.3M, with -5.3% growth.

WETH past earnings growth

How has WETH's earnings growth performed historically?

Company
-75.73%
Industry
-1.31%
Market
73.26%
WETH's earnings have grown slower... subscribe to Premium to read more.
Earnings Growth vs Industry Performance
WETH's earnings have grown slower... subscribe to Premium to read more.
Earnings Growth vs Market Performance

WETH earnings history

Current Revenue
$41.0M
Current Earnings
$3.9M
Current Profit Margin
9.4%

WETH Return on Equity

Current Company
3.2%
Current Industry
4.9%
Current Market
35%
WETH's Return on Equity (3.2%)... subscribe to Premium to read more.
High Return on Equity Performance

WETH undefined

Current Company
3.1%
Current Industry
1.9%
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Above Average Return on Assets Performance

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WETH undefined

Current Company
6%
Current Industry
4.1%
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Increasing Return on Capital Employed Performance

WETH vs Real Estate Service Stocks

TickerEBITDAEarningsY/Y EarningsEPS
WETH$7.79M$3.86M-58.90%$0.25
FTHM-$15.97M-$23.78MN/A-$1.28
ASPS$10.12M-$40.02MN/A-$1.36
NYC-$166.73M-$207.82MN/A-$86.32
ALBT-$12.05M-$14.73MN/A-$19.97

Wetouch Technology Earnings Reports & History FAQ

What were Wetouch Technology's earnings last quarter?

Wetouch Technology (NASDAQ: WETH) reported Q3 2024 earnings per share (EPS) of $0.22, up 24.14% year over year. Total WETH earnings for the quarter were $2.66 million. In the same quarter last year, Wetouch Technology's earnings per share (EPS) was $0.29.

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Is Wetouch Technology profitable or losing money?

As of the last Wetouch Technology earnings report, Wetouch Technology is currently profitable. Wetouch Technology's net profit (also called net income) for the twelve months ending Sep 30, 2024 was $3.86 million, a 62.42% decrease year over year.

What was WETH's earnings growth in the past year?

As of Wetouch Technology's earnings date in Q1 2025, Wetouch Technology's earnings has grown -75.73% year over year. This is 74.42 percentage points lower than the US Real Estate Services industry earnings growth rate of -1.31%. WETH earnings in the past year totalled $3.86 million.
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