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

Kingsoft Cloud Holdings

25/08/2021 12:45

* Kingsoft Cloud Holdings Ltd  KC.OQ  reported a quarterly
adjusted loss of CNY1.05​​ per share for the quarter ended in
June. The mean expectation of nine analysts for the quarter was
for a loss of 95 fen per share.
* Revenue rose 41.6% to CNY2.17 billion from a year ago; 
analysts expected CNY2.19 billion. 
* Kingsoft Cloud Holdings Ltd's reported EPS for the quarter was
a loss of CNY1.05​.
* The mean earnings estimate of analysts had risen by about 1.4%
in the last three months.​ 
* In the last 30 days four analysts negatively revised earnings
estimates 
* Kingsoft Cloud Holdings Ltd shares had fallen by 16.1% this
quarter and lost 34.6% so far this year.
* The company reported a quarterly loss of CNY220.35 million.
* Wall Street's median 12-month price target for Kingsoft Cloud
Holdings Ltd is $51.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 16 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated August 25 at 11:44 a.m.  ​All
figures in Chinese yuan renminbi unless otherwise stated