Kingsoft Cloud Holdings Ltd reports results for the quarter ended June 30 - Earnings Summary
Kingsoft Cloud Holdings Ltd reports results for the quarter ended June 30 - Earnings Summary
Kingsoft Cloud Holdings Ltd 3896.HK reported a quarterly adjusted loss of 1 fen per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of -7 fen. The lone analyst forecast for the quarter was for a loss of 5 fen per share.
Revenue rose 30.8% to CNY3.07 billion from a year ago; analysts expected CNY3.03 billion.
Kingsoft Cloud Holdings Ltd's reported EPS for the quarter was a loss of 2 fen.
The company reported a quarterly loss of CNY93.08 million.
Kingsoft Cloud Holdings Ltd shares had risen by 27.2% this quarter and gained 7.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 16.7% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is "buy."
Wall Street's median 12-month price target for Kingsoft Cloud Holdings Ltd is HK$11.00, about 48.9% above its last closing price of HK$5.62
This summary was machine generated from LSEG data August 19 at 02:15 p.m. UTC. All figures in Chinese yuan renminbi unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | -0.05 | -0.01 | Beat |
Mar. 31 2026 | -0.05 | -0.06 | Missed |
Dec. 31 2025 | -0.06 | -0.02 | Beat |
Sep. 30 2025 | -0.36 | 0.01 | Beat |
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