Kingsoft Cloud Holdings Ltd expected to post a loss of CNY1.64 a share - Earnings Preview

Kingsoft Cloud Holdings

21/11/2022 13:48

* Kingsoft Cloud Holdings Ltd  KC.OQ   KC.O  is expected
to show a
fall in quarterly revenue when it reports  results on November
23. 
    * The Beijing-based  company is expected to report  a
7.6% decrease in revenue to CNY2.23 billion from CNY2.41 billion
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. The company's guidance on September 6
2022, for the period ended September 30, was for revenue between
CNY1.95 billion and CNY2.15 billion.
    * ​Refinitiv's mean analyst estimate for Kingsoft Cloud
Holdings
Ltd is for a loss of CNY1.64 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and 1 "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 $5.5​, above​ its last closing price of $3.03.
​​​

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 2022  -1.77       -1.78      -1.85     Missed  -4
 Mar. 31 2022  -1.81       -1.80      -1.85     Missed  -2.9
 Dec. 31 2021  -2.12       -2.09      -2.30     Missed  -10​
 Sep. 30 2021  -1.47       -1.30      -1.50     Missed  -15
 ​​Jun.        -0.95       -0.95      -1.05     Missed  -10.5
 30 2021                                                
 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
 This summary was machine generated November 21 at 13:48 GMT. 
All figures in Chinese yuan renminbi  unless otherwise stated