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9698 — GDS Holdings News Story

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GDS Holdings Ltd expected to post a loss of 28 fen a share - Earnings Preview

* GDS Holdings Ltd  9698.HK   is expected to show a rise in
quarterly revenue when it reports  results on May 22 for the
period ending March 31 2024
    * The Shanghai-based  company is expected to report a
10.8% increase in revenue to $2.669 billion from $2.41 billion a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for GDS Holdings Ltd is for
a loss
of 28 fen per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for GDS
Holdings Ltd
is HK$14.83​, above​ its last closing price of HK$9.32. ​​​

This summary was machine generated May 20 at 12:32 GMT.  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)

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