Kingsoft Cloud Holdings Ltd expected to post a loss of 95 fen a share - Earnings Preview

Kingsoft Cloud Holdings

23/08/2021 13:34

* Kingsoft Cloud Holdings Ltd  KC.OQ   KC.O  is expected to show
a rise in quarterly revenue when it reports results on August
25. 
* The Beijing-based company is expected to report   a
43.0% increase in revenue to CNY2.195 billion from CNY1.53
billion a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Kingsoft Cloud Holdings
Ltd is for a loss of 95 fen per share. For the same quarter last
year, the company reported a loss of CNY1.61 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 16 "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 $51​, about 50.1% above​ its last closing price
of $25.43. ​​​
* 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  
 Mar. 31 2021  -1.10       -0.94      -0.98     Missed  -4
 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 August 23 at 12:34 GMT.  All
figures in Chinese yuan renminbi unless otherwise stated