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

Dada Nexus

23/11/2021 23:47

* Dada Nexus Ltd  DADA.OQ  reported a quarterly adjusted loss of
CNY1.92​​ per share for the quarter ended in September. The mean
expectation of six analysts for the quarter was for a loss of
CNY2.13 per share.
* Revenue rose 29.6% to CNY1.69 billion from a year ago; 
analysts expected CNY1.63 billion. 
* Dada Nexus Ltd's reported EPS for the quarter was a loss of
CNY2.28​.
* The mean earnings estimate of analysts had fallen by
about 0.9% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate 
* Dada Nexus Ltd shares had risen by 8.8% this quarter and
lost 40.3% so far this year.
* The company reported a quarterly loss of CNY542.66 million.
* Wall Street's median 12-month price target for Dada Nexus Ltd
is $37.85 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated November 23 at 11:47 p.m.
 ​All figures in Chinese yuan renminbi unless otherwise stated