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

Kingsoft Cloud Holdings

18/05/2021 14:38

* Kingsoft Cloud Holdings Ltd  KC.OQ  reported a quarterly
adjusted loss of 98 fen​​ per share for the quarter ended
in March. The mean expectation of seven analysts for the quarter
was for a loss of 94 fen per share.
* Revenue rose 30.4% to CNY1.81 billion from a year ago; 
analysts expected CNY1.88 billion. 
* Kingsoft Cloud Holdings Ltd's reported EPS for the quarter was
a loss of CNY1.65​.
* The mean earnings estimate of analysts had risen by
about 10.3% in the last three months.​ 
* In the last 30 days two analysts negatively revised earnings
estimates 
* Kingsoft Cloud Holdings Ltd shares had fallen by 5.8% this
quarter and lost 14.9% so far this year.
* The company reported a quarterly loss of CNY382.46 million.
* Wall Street's median 12-month price target for Kingsoft Cloud
Holdings Ltd is $65.50 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 14 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 18 at 01:37 p.m. GMT.
​All figures in Chinese yuan renminbi