Dada Nexus Ltd expected to post a loss of CNY2.38 a share - Earnings Preview

Dada Nexus

03/09/2021 21:06

* Dada Nexus Ltd  DADA.OQ   DADA.O  is expected to show a rise
in quarterly revenue when it reports results on September 7. 
* The Shanghai-based company is expected to report   a
6.7% increase in revenue to CNY1.411 billion from CNY1.32
billion a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Dada Nexus Ltd is for a
loss of CNY2.38 per share. For the same quarter last year, the
company reported a loss of CNY3.20 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 10 "strong buy" or "buy," 2
"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 $41​, about 39% above​ its last closing price of $25.02. ​​​
* Previous quarterly performance (using preferred earnings
measure in Chinese yuan renminbi). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  -2.64       -2.64      -3.20     Missed  -21.1
 ​​            ​                                        ​
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 This summary was machine generated September 3 at 20:06 GMT. 
All figures in Chinese yuan renminbi unless otherwise stated