NIU Technologies expected to post earnings of CNY1.30 a share - Earnings Preview

Niu Technologies

03/01/2022 13:34

* NIU Technologies  NIU.OQ   NIU.O  is expected to show a rise
in quarterly revenue when it reports  results on January 5
(estimated). 
* The Beijing-based  company is expected to report  a
35.3% increase in revenue to CNY909.3 million from CNY671.99
million a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for NIU Technologies is for
earnings of CNY1.30 per share. For the same quarter last year,
the company reported earnings of 86 fen per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 9 "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 $39​, about 58.7% above​ its last closing price
of $16.11. ​​​
This summary was machine generated January 3 at 13:34 GMT.  All
figures in Chinese yuan renminbi  unless otherwise stated