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

Dada Nexus

17/11/2022 22:42

* Dada Nexus Ltd  DADA.OQ  reported a quarterly adjusted
loss of
CNY1.04​​ per share for the quarter ended in September. The mean
expectation of six analysts for the quarter was for a loss of
CNY1.28 per share.
    * Revenue rose 41.1% to CNY2.38 billion from a year ago;
analysts
expected CNY2.37 billion. 
    * Dada Nexus Ltd's reported EPS for the quarter was a loss
of
CNY1.76​.
    * The mean earnings estimate of analysts had fallen by
about 17.6%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Dada Nexus Ltd shares had risen by 8.7% this quarter and
lost 60.9% so far this year.
    * The company reported a quarterly loss of CNY454.34
million.
    * Wall Street's median 12-month price target for Dada Nexus
Ltd is
$9.40 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 15 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
17 at 10:42 p.m.  ​All figures in Chinese yuan renminbi unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -1.28          -1.04          Beat
 Jun. 30 2022      -1.67          -1.64          Beat
 Mar. 31 2022      -1.62          -1.98          Missed
 Dec. 31 2021      -2.17          -2.04          Beat