Cango Inc reports results for the quarter ended in September - Earnings Summary

Cango

23/11/2021 12:05

* Cango Inc  CANG.N  reported a quarterly adjusted loss of
CNY2.72​​ per share for the quarter ended in September. The lone
analyst forecast for the quarter was for earnings of 35 fen per
share.
* Revenue rose 70.1% to CNY739.86 million from a year ago. 
* The mean earnings estimate of analysts had fallen by
about 54.5% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Cango Inc shares had risen by 4.7% this quarter and lost 33.2%
so far this year.
* Wall Street's median 12-month price target for Cango Inc is
$4.80 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated November 23 at 12:05 p.m.
 ​All figures in Chinese yuan renminbi unless otherwise stated