NIU Technologies reports results for the quarter ended in December - Earnings Summary

Niu Technologies

07/03/2022 14:32

* NIU Technologies  NIU.OQ  reported quarterly adjusted
earnings
of 75 fen​​ per share for the quarter ended in December. The
lone analyst forecast for the quarter was for earnings of
CNY1.30 per share.
    * Revenue rose 46.7% to CNY986.06 million from a year ago; 
analysts expected CNY909.30 million. 
    * NIU Technologies's reported EPS for the quarter was 60
fen​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * NIU Technologies shares had fallen by 35.2% this quarter.
    * The company reported quarterly net income of CNY47.65
million.
    * Wall Street's median 12-month price target for NIU
Technologies
is $37.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 8 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated March 7 at 02:32 p.m.  ​All
figures in Chinese yuan renminbi unless otherwise stated