Cango Inc expected to post earnings of CNY1.35 a share - Earnings Preview

Cango

08/03/2022 03:02

* Cango Inc  CANG.N   CANG.K  is expected to show a rise in
quarterly revenue when it reports  results on March 9
(estimated). 
    * The Shanghai-based  company is expected to report  a
3.2% increase in revenue to CNY1.133 billion from CNY1.1 billion
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Cango Inc is for
earnings
of CNY1.35 per share. 
    * The one available analyst rating on the shares is
"hold".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Cango Inc
is
$6.15​, about 49.4% above​ its last closing price of $3.11. ​​​

This summary was machine generated March 8 at 03:02 GMT.  All
figures in Chinese yuan renminbi  unless otherwise stated