Kingsoft Cloud Holdings Ltd expected to post a loss of 94  fen a share - Earnings Preview

Kingsoft Cloud Holdings

14/05/2021 14:27

* Kingsoft Cloud Holdings Ltd  KC.OQ   KC.O  is expected to show
a rise in quarterly revenue when it reports results on May 18 .
* The Beijing-based company is expected to report   a
35.3% increase in revenue to CNY1.883 billion from CNY1.39
billion a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Kingsoft Cloud Holdings
Ltd is for a loss of 94 fen per share. For the same quarter last
year, the company reported a loss of CNY4.06 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 14 "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 Kingsoft Cloud
Holdings Ltd is $65.5​, about 45.7% above​ its last closing
price of $35.54. ​​​
* Previous quarterly performance (using preferred earnings
measure in Chinese yuan renminbi). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  -0.62       -0.61      -0.79     Missed  -29
 Sep. 30 2020  -1.07       -1.07      -0.80     Beat    25.6
 Jun. 30 2020  -1.31       -1.30      -1.61     Missed  -23.5​
               -0.26                                    
 ​​            ​                                        ​
                                                        ​
 This summary was machine generated May 14 at 13:27 GMT.  All
figures in Chinese yuan renminbi unless otherwise stated