06:09 AM EST, 11/19/2024 (MT Newswires) -- Atour Lifestyle Holdings ( ATAT ) reported Q3 net income Tuesday of 0.92 renminbi ($0.13) per diluted share, up from 0.63 renminbi a year earlier.

Two analysts surveyed by FactSet expected 1.71 renminbi.

Net revenue for the quarter ended Sept. 30 was 1.90 billion renminbi, up from 1.29 billion renminbi a year earlier.

Analysts surveyed by FactSet expected 1.79 billion renminbi.

For 2024, the leisure travel and vacation company still expects total net revenue to increase by 48% to 52% compared with a year earlier. Analysts polled by FactSet expect 6.93 billion renminbi.

The company shares were up nearly 3% in recent premarket activity.