Dada Nexus Ltd expected to post a loss of CNY2.03 a share - Earnings Preview

Dada Nexus

15/11/2021 21:34

* Dada Nexus Ltd  DADA.OQ   DADA.O  is expected to show a rise
in quarterly revenue when it reports  results on November 17
(estimated). 
* The Shanghai-based company is expected to report  a
23.8% increase in revenue to CNY1.612 billion from CNY1.3
billion a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Dada Nexus Ltd is for a
loss of CNY2.03 per share. For the same quarter last year, the
company reported a loss of CNY1.44 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 12 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had fallen by
about 8.5% in the last three months. ​
* Wall Street's median 12-month price target for Dada Nexus Ltd
is $37.85​, about 36.3% above​ its last closing price
of $24.12. ​​​
* 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 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​
 Sep. 30 2020  -1.52       -1.52      -1.44     Beat    5.2
 ​​Jun.        -2.64       -2.64      -3.20     Missed  -21.1
 30 2020                                                
                                                        ​
 This summary was machine generated November 15 at 21:34 GMT. 
All figures in Chinese yuan renminbi  unless otherwise stated