Kingsoft Cloud Holdings Ltd expected to post a loss of 45 fen a share - Earnings Preview

Kingsoft Cloud Holdings

20/05/2024 14:04

* Kingsoft Cloud Holdings Ltd  3896.HK   is expected to show
a
fall in quarterly revenue when it reports  results on May 22 for
the period ending March 31 2024
    * The Beijing-based  company is expected to report a
8.0% decrease
in revenue to CNY1.716 billion from CNY1.86 billion a year ago,
according to the mean estimate from 2 analysts, based on LSEG
data.
    * ​LSEG's mean analyst estimate for Kingsoft Cloud Holdings
Ltd is
for a loss of 45 fen per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 78.3%
in the last three months. ​
    * Wall Street's median 12-month price target for Kingsoft
Cloud
Holdings Ltd is HK$2.20​, above​ its last closing price
of HK$1.86. ​​​

This summary was machine generated May 20 at 13:04 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)