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

Dada Nexus

17/05/2022 01:05

* Dada Nexus Ltd  DADA.OQ  reported a quarterly adjusted
loss of
CNY1.98​​ per share for the quarter ended in March. The mean
expectation of six analysts for the quarter was for a loss of
CNY1.62 per share.
    * Revenue rose 21.1% to CNY2.03 billion from a year ago; 
analysts
expected CNY2.01 billion. 
    * Dada Nexus Ltd's reported EPS for the quarter was a loss
of
CNY2.49​.
    * The mean earnings estimate of analysts had fallen by
about 15%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Dada Nexus Ltd shares had fallen by 28.3% this quarter and
lost 50.2% so far this year.
    * The company reported a quarterly loss of CNY604.24
million.
    * Wall Street's median 12-month price target for Dada Nexus
Ltd is
$20.90 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 17 at 12:05 a.m.  ​All
figures in Chinese yuan renminbi unless otherwise stated