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

Kingsoft Cloud Holdings

24/11/2021 14:31

* Kingsoft Cloud Holdings Ltd  KC.OQ  reported a quarterly
adjusted loss of CNY1.50​​ per share for the quarter ended in
September. The mean expectation of nine analysts for the quarter
was for a loss of CNY1.30 per share.
* Revenue rose 39.6% to CNY2.41 billion from a year ago; 
analysts expected CNY2.51 billion. 
* Kingsoft Cloud Holdings Ltd's reported EPS for the quarter was
a loss of CNY2.25​.
* The mean earnings estimate of analysts had fallen by
about 63.7% in the last three months.​ 
* In the last 30 days four analysts negatively revised earnings
estimates 
* Kingsoft Cloud Holdings Ltd shares had fallen by 30.4% this
quarter and lost 54.7% so far this year.
* The company reported a quarterly loss of CNY507.97 million.
* Wall Street's median 12-month price target for Kingsoft Cloud
Holdings Ltd is $38.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 14 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
This summary was machine generated November 24 at 02:31 p.m.
 ​All figures in Chinese yuan renminbi unless otherwise stated