Dada Nexus Ltd expected to post a loss of 51 fen a share - Earnings Preview

Dada Nexus

09/05/2023 03:02

* Dada Nexus Ltd  DADA.OQ   DADA.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 10. 
    * The Shanghai-based  company is expected to report  a
27.7% increase in revenue to CNY2.587 billion from CNY2.03
billion a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. The company's guidance on
March 8 2023, for the period ended March 31, was for revenue
between CNY2.57 billion and CNY2.77 billion.
    * ​Refinitiv's mean analyst estimate for Dada Nexus Ltd is
for a
loss of 51 fen per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 17 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Dada Nexus
Ltd is
$15​, above​ its last closing price of $5.96. ​​​

Previous quarterly performance (using preferred earnings measure
in Chinese yuan renminbi). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  -0.77       -0.78      -0.72     Beat    7.9
 Sep. 30 2022  -1.20       -1.28      -1.04     Beat    18.9
 Jun. 30 2022  -1.67       -1.67      -1.64     Beat    1.9​
 Mar. 31 2022  -1.58       -1.62      -1.98     Missed  -22.1
 ​​Dec.        -2.17       -2.17      -2.04     Beat    5.8
 31 2021                                                
 Sep. 30 2021  -2.13       -2.13      -1.92     Beat    9.8​
 Jun. 30 2021  -2.44       -2.38      -2.32     Beat    2.7
 Mar. 31 2021  -2.46       -2.47      -2.60     Missed  -5.2
 This summary was machine generated May 9 at 02:01 GMT.  All
figures in Chinese yuan renminbi  unless otherwise stated