Fangdd Network Group Ltd reports results for the quarter ended in March - Earnings Summary

Fangdd Network

14/05/2021 18:32

* Fangdd Network Group Ltd  DUO.OQ  reported a quarterly
adjusted loss of 18 cents​​ per share for the quarter ended
in March. The mean expectation of two analysts for the quarter
was for a loss of 10 cents per share.
* Revenue rose 15.2% to $44.90 million from a year ago; 
analysts expected $41.26 million. 
* The mean earnings estimate of analysts had fallen by
about 107.2% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Fangdd Network Group Ltd shares had fallen by 50.1% this
quarter and lost 58.4% so far this year.
* Wall Street's median 12-month price target for Fangdd Network
Group Ltd is $15.71 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 14 at 05:32 p.m. GMT.
​All figures in US dollars