NIU Technologies expected to post earnings of CNY1.79 a share - Earnings Preview

Niu Technologies

19/11/2021 13:57

* NIU Technologies  NIU.OQ   NIU.O  is expected to show a rise
in quarterly revenue when it reports  results on November 22. 
* The Beijing-based  company is expected to report  a
55.5% increase in revenue to CNY1.391 billion from CNY894.46
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 CNY1.79 per share. For the same quarter last year,
the company reported earnings of CNY1.14 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 8 "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 $40.75​, about 41.5% above​ its last closing
price of $23.84. ​​​
This summary was machine generated November 19 at 13:57 GMT. 
All figures in Chinese yuan renminbi  unless otherwise stated