Dada Nexus Ltd reports results for the quarter ended in December - Earnings Summary

Dada Nexus

09/03/2022 24:25

* Dada Nexus Ltd  DADA.OQ  reported a quarterly adjusted
loss of
CNY2.04​​ per share for the quarter ended in December. The mean
expectation of six analysts for the quarter was for a loss of
CNY2.17 per share.
    * Revenue rose 0.8% to CNY2.03 billion from a year ago; 
analysts
expected CNY2.02 billion. 
    * Dada Nexus Ltd's reported EPS for the quarter was a loss
of
CNY2.44​.
    * The mean earnings estimate of analysts had fallen by
about 1.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Dada Nexus Ltd shares had fallen by 48.8% this quarter.
    * The company reported a quarterly loss of CNY577.79
million.
    * Wall Street's median 12-month price target for Dada Nexus
Ltd is
$28.30 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated March 9 at 12:25 a.m.  ​All
figures in Chinese yuan renminbi unless otherwise stated