Dada Nexus Ltd expected to post a loss of 78 fen a share - Earnings Preview

Dada Nexus

03/03/2023 22:02

* Dada Nexus Ltd  DADA.OQ   DADA.O  is expected to show a
rise in
quarterly revenue when it reports  results on March 8. 
    * The Shanghai-based  company is expected to report  a
31.7% increase in revenue to CNY2.676 billion from CNY2.03
billion a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
November 17 2022, for the period ended December 31, was for
revenue between CNY2.65 billion and CNY2.75 billion.
    * ​Refinitiv's mean analyst estimate for Dada Nexus Ltd is
for a
loss of 78 fen per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 16 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Dada Nexus
Ltd is
$16.45​, above​ its last closing price of $10.47. ​​​

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  
 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. 31 2021  -2.17       -2.17      -2.04     Beat    5.8
 ​​Sep.        -2.13       -2.13      -1.92     Beat    9.8
 30 2021                                                
 Jun. 30 2021  -2.44       -2.38      -2.32     Beat    2.7​
 Mar. 31 2021  -2.46       -2.47      -2.60     Missed  -5.2
 Dec. 31 2020  -1.92       -1.89      -1.84     Beat    2.8
 This summary was machine generated March 3 at 22:02 GMT.  All
figures in Chinese yuan renminbi  unless otherwise stated