Dada Nexus Ltd expected to post a loss of CNY1.27 a share - Earnings Preview

Dada Nexus

15/11/2022 21:30

* Dada Nexus Ltd  DADA.OQ   DADA.O  is expected to show a
rise in
quarterly revenue when it reports  results on November 17. 
    * The Shanghai-based  company is expected to report  a
41.1% increase in revenue to CNY2.38 billion from CNY1.69
billion a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. The company's guidance on
August 22 2022, for the period ended September 30, was for
revenue between CNY2.35 billion and CNY2.45 billion.
    * ​Refinitiv's mean analyst estimate for Dada Nexus Ltd is
for a
loss of CNY1.27 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 15 "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
$9.4​, above​ its last closing price of $4.10. ​​​

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  
 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. 30 2021  -2.13       -2.13      -1.92     Beat    9.8
 ​​Jun.        -2.44       -2.38      -2.32     Beat    2.7
 30 2021                                                
 Mar. 31 2021  -2.46       -2.47      -2.60     Missed  -5.2​
 Dec. 31 2020  -1.92       -1.89      -1.84     Beat    2.8
 Sep. 30 2020  -1.52       -1.52      -1.44     Beat    5.2
 This summary was machine generated November 15 at 21:30 GMT. 
All figures in Chinese yuan renminbi  unless otherwise stated