Kingsoft Cloud Holdings Ltd expected to post a loss of CNY2.09 a share - Earnings Preview

Kingsoft Cloud Holdings

22/03/2022 13:49

* Kingsoft Cloud Holdings Ltd  KC.OQ   KC.O  is expected
to show a
rise in quarterly revenue when it reports  results on March 24. 
    * The Beijing-based  company is expected to report  a
35.1% increase in revenue to CNY2.599 billion from CNY1.92
billion a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Kingsoft Cloud
Holdings
Ltd is for a loss of CNY2.09 per share. For the same quarter
last year, the company reported a loss of 79 fen per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 3
"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 $18.1​, above​ its last closing price of $5.64.
​​​
    * 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  
 Sep. 30 2021  -1.47       -1.30      -1.50     Missed  -15
 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.        -1.07       -1.07      -0.80     Beat    25.6
 30 2020                                                
 Jun. 30 2020  -1.31       -1.30      -1.61     Missed  -23.5​
               -0.26                  -4.06             
 This summary was machine generated March 22 at 13:48 GMT.  All
figures in Chinese yuan renminbi  unless otherwise stated