Kingsoft Cloud Holdings Ltd reports results for the quarter ended in December - Earnings Summary

Kingsoft Cloud Holdings

24/03/2022 13:31

* Kingsoft Cloud Holdings Ltd  KC.OQ  reported a quarterly
adjusted loss of CNY2.30​​ per share for the quarter ended in
December. The mean expectation of six analysts for the quarter
was for a loss of CNY2.09 per share.
    * Revenue rose 38.3% to CNY2.66 billion from a year ago; 
analysts
expected CNY2.60 billion. 
    * Kingsoft Cloud Holdings Ltd's reported EPS for the quarter
was a
loss of CNY1.95​.
    * The mean earnings estimate of analysts had fallen by
about 88.3%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Kingsoft Cloud Holdings Ltd shares had fallen by 60.8%
this
quarter.
    * The company reported a quarterly loss of CNY477.93
million.
    * Wall Street's median 12-month price target for Kingsoft
Cloud
Holdings Ltd is $17.20 
    * 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." 

This summary was machine generated March 24 at 01:31 p.m.  ​All
figures in Chinese yuan renminbi unless otherwise stated