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

Dada Nexus

08/06/2021 03:21

* Dada Nexus Ltd  DADA.OQ  reported a quarterly adjusted loss of
CNY2.60​​ per share for the quarter ended in March. The mean
expectation of four analysts for the quarter was for a loss of
CNY2.47 per share.
* Revenue was CNY1.67 billion​;  analysts expected CNY1.49
billion. 
* The mean earnings estimate of analysts had fallen by
about 11.8% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Dada Nexus Ltd shares had fallen by 6.4% this quarter and
lost 30.4% so far this year.
* The company reported a quarterly loss of CNY710.27 million.
* Wall Street's median 12-month price target for Dada Nexus Ltd
is $45.97 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
This summary was machine generated June 8 at 02:21 a.m. GMT.
​All figures in Chinese yuan renminbi