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

Niu Technologies

04/02/2022 14:20

* NIU Technologies  NIU.OQ   NIU.O  is expected to show a
rise in
quarterly revenue when it reports  results on February 3
(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 $38​, about 65.2% above​ its last closing price
of $13.23. ​​​

This summary was machine generated February 4 at 14:20 GMT.  All
figures in Chinese yuan renminbi  unless otherwise stated