GDS Holdings Limited reports results for the quarter ended June 30 - Earnings Summary
GDS Holdings Limited reports results for the quarter ended June 30 - Earnings Summary
GDS Holdings Limited 9698.HK reported quarterly adjusted earnings of 44 fen per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -6 fen. The mean expectation of two analysts for the quarter was for a loss of 6 fen per share. Wall Street expected results
Revenue rose 6.5% to CNY3.09 billion from a year ago; analysts expected CNY3.09 billion.
GDS Holdings Limited's reported EPS for the quarter was 44 fen.
The company reported quarterly net income of CNY802.83 million.
GDS Holdings Limited shares had risen by 13.5% this quarter and lost 4.9% so far this year.
FORECAST CHANGES
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 9 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is "buy."
Wall Street's median 12-month price target for GDS Holdings Limited is HK$50.55, about 38.6% above its last closing price of HK$31.04
This summary was machine generated from LSEG data August 13 at 05:00 p.m. UTC. All figures in Chinese yuan renminbi unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.06 | 0.44 | Beat |
Mar. 31 2026 | -0.03 | 1.32 | Beat |
Dec. 31 2025 | -0.01 | 0.74 | Beat |
Sep. 30 2025 | -0.12 | -0.43 | Missed |
Recent news on GDS Holdings
See all newsAI caution favours old-school data centre builder
AI caution favours old-school data centre builder
Chinese data centre developer GDS jumps most in five months on higher annual outlook
China data centre developer GDS jumps most in 5 months on Q2 revenue growth
GDS Holdings Limited reports results for the quarter ended June 30 - Earnings Summary