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

Dada Nexus

08/09/2021 24:48

* Dada Nexus Ltd  DADA.OQ  reported a quarterly adjusted loss of
CNY2.32​​ per share for the quarter ended in June. The mean
expectation of six analysts for the quarter was for a loss of
CNY2.38 per share.
* Revenue rose 11.5% to CNY1.47 billion from a year ago; 
analysts expected CNY1.41 billion. 
* Dada Nexus Ltd's reported EPS for the quarter was a loss of
CNY2.68​.
* The mean earnings estimate of analysts had fallen by
about 10.1% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Dada Nexus Ltd shares had fallen by 12.2% this quarter and
lost 30.2% so far this year.
* The company reported a quarterly loss of CNY640.41 million.
* Wall Street's median 12-month price target for Dada Nexus Ltd
is $41.00 
* 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." 
This summary was machine generated September 7 at 11:48 p.m.
 ​All figures in Chinese yuan renminbi unless otherwise stated