NIU Technologies expected to post earnings of CNY1.03 a share - Earnings Preview

Niu Technologies

13/08/2021 13:40

* NIU Technologies  NIU.OQ   NIU.O  is expected to show a rise
in quarterly revenue when it reports results 
* The Beijing-based company is expected to report   a
56.8% increase in revenue to CNY1.011 billion from CNY644.93
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for NIU Technologies is for
earnings of CNY1.03 per share. For the same quarter last year,
the company reported earnings of 87 fen per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for NIU
Technologies is $41.5​, about 45.8% above​ its last closing
price of $22.49. ​​​
* Previous quarterly performance (using preferred earnings
measure in Chinese yuan renminbi). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.25        0.25       0.09      Missed  -64
 Dec. 31 2020  0.59        0.58       0.86      Beat    48.3
 Sep. 30 2020  1.43        1.43       1.14      Missed  -20.3​
 Jun. 30 2020  0.65        0.63       0.87      Beat    38.1
 Mar.          -0.10​      -0.11      -0.25     Missed  -127.3
 31​ 2020​                                              ​
 Dec. 31 2019  0.49        0.50       0.89      Beat    79.8​
 Sep. 30 2019  0.45        0.45       0.95      Missed  111.1
 Jun. 30 2019  0.39        0.39       0.09      Beat    71.8
 This summary was machine generated August 13 at 12:40 GMT.  All
figures in Chinese yuan renminbi unless otherwise stated