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

Kingsoft Cloud Holdings

23/11/2022 14:31

* Kingsoft Cloud Holdings Ltd  KC.OQ  reported a quarterly
adjusted loss of CNY1.99​​ per share for the quarter ended in
September. The mean expectation of five analysts for the quarter
was for a loss of CNY1.64 per share.
    * Revenue fell 18.4% to CNY1.97 billion from a year ago;
analysts
expected CNY2.23 billion. 
    * The mean earnings estimate of analysts had fallen by
about 12.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Kingsoft Cloud Holdings Ltd shares had risen by 37.2% this
quarter and lost 82.7% so far this year.
    * The company reported a quarterly loss of CNY793.06
million.
    * Wall Street's median 12-month price target for Kingsoft
Cloud
Holdings Ltd is $5.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
23 at 02:31 p.m.  ​All figures in Chinese yuan renminbi unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      -1.64          -1.99          Missed
 Jun. 30 2022      -1.78          -1.85          Missed
 Mar. 31 2022      -1.80          -1.85          Missed
 Dec. 31 2021      -2.09          -2.30          Missed