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

Dada Nexus

12/11/2024 03:46

* Dada Nexus Ltd  DADA.OQ   DADA.O  is expected to show a
fall in
quarterly revenue when it reports  results on November 13 for
the period ending September 30 2024
    * The Shanghai-based  company is expected to report a
17.5% decrease in revenue to CNY2.365 billion from CNY2.87
billion a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG'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 "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 5
"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
$2.10​, above​ its last closing price of $1.70. ​​​

Previous quarterly performance (using preferred earnings measure
in Chinese yuan renminbi). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   -0.73       -0.72      -0.14     Beat    80.7
 Jan. 1 0001   -0.50       -0.49      -0.72     Missed  -46.6
 Jan. 1 0001               0.60       -0.15     Missed  -125.1
                                                        ​
 Jan. 1 0001   -0.06       -0.05      -0.01     Beat    80.8
 ​​Jun.        0.02        0.02       0.04      Beat    140
 30 2023                                                
 Jan. 1 0001   -0.62       -0.48      -0.72     Missed  -51.3​
 Dec. 31 2022  -0.77       -0.78      -0.72     Beat    7.9
 Jan. 1 0001   -1.20       -1.28      -1.04     Beat    18.9
 This summary was machine generated November 12 at 03:45 GMT. 
All figures in Chinese yuan renminbi unless otherwise stated.
(For questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)