Kingsoft Cloud Holdings Ltd expected to post a loss of CNY1.78 a share - Earnings Preview

Kingsoft Cloud Holdings

19/08/2022 14:11

* Kingsoft Cloud Holdings Ltd  KC.OQ   KC.O  is expected
to show a
fall in quarterly revenue when it reports  results on August 23
(estimated). 
    * The Beijing-based  company is expected to report  a
6.0% decrease in revenue to CNY2.044 billion from CNY2.17
billion a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Kingsoft Cloud
Holdings
Ltd is for a loss of CNY1.78 per share. For the same quarter
last year, the company reported a loss of CNY1.05 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"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 $8.5​, above​ its last closing price of $3.09.
​​​
    * 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  
 Mar. 31 2022  -1.81       -1.80      -1.85     Missed  -2.9
 Dec. 31 2022  -2.12       -2.09      -2.30     Missed  -10
 Sep. 30 2021  -1.47       -1.30      -1.50     Missed  -15​
 Jun. 30 2021  -0.95       -0.95      -1.05     Missed  -10.5
 ​​Mar.        -1.10       -0.94      -0.98     Missed  -4
 31 2021                                                
 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
 This summary was machine generated August 19 at 13:11 GMT.  All
figures in Chinese yuan renminbi  unless otherwise stated