Dada Nexus Ltd expected to post earnings of 2  fen a share - Earnings Preview

Dada Nexus

12/08/2023 03:03

* Dada Nexus Ltd  DADA.OQ   DADA.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 15. 
    * The Shanghai-based  company is expected to report  a
22.7% increase in revenue to CNY2.798 billion from CNY2.28
billion a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on May
10 2023, for the period ended June 30, was for revenue between
CNY2.80 billion and CNY3.00 billion.
    * ​Refinitiv's mean analyst estimate for Dada Nexus Ltd is
for
earnings of 2 fen per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "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
$10.5​, above​ its last closing price of $5.44. ​​​

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  
 Mar. 31 2023  -0.62       -0.48      -0.72     Missed  -51.3
 Dec. 31 2023  -0.77       -0.78      -0.72     Beat    7.9
 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.        -1.58       -1.62      -1.98     Missed  -22.1
 31 2022                                                
 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. 30 2021  -2.44       -2.38      -2.32     Beat    2.7
 This summary was machine generated August 12 at 02:02 GMT.  All
figures in Chinese yuan renminbi  unless otherwise stated