Kingsoft Cloud Holdings Ltd expected to post a loss of CNY1.30 a share - Earnings Preview

Kingsoft Cloud Holdings

22/11/2021 13:36

* Kingsoft Cloud Holdings Ltd  KC.OQ   KC.O  is expected to show
a rise in quarterly revenue when it reports  results on November
24. 
* The Beijing-based  company is expected to report  a
45.1% increase in revenue to CNY2.509 billion from CNY1.73
billion a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Kingsoft Cloud Holdings
Ltd is for a loss of CNY1.30 per share. For the same quarter
last year, the company reported a loss of 80 fen per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 14 "strong buy" or "buy," 2
"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 $38​, about 44.5% above​ its last closing price
of $21.08. ​​​
* Previous quarterly performance (using preferred earnings
measure in Chinese yuan renminbi). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2021  -0.95       -0.95      -1.05     Missed  -10.5
 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.        -1.31       -1.30      -1.61     Missed  -23.5
 30 2020                                                
               -0.26                  -4.06             ​
 This summary was machine generated November 22 at 13:36 GMT. 
All figures in Chinese yuan renminbi  unless otherwise stated