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

Niu Technologies

16/08/2021 08:51

* NIU Technologies  NIU.OQ  reported quarterly adjusted earnings
of CNY1.29​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for earnings of
CNY1.03 per share.
* Revenue rose 46.5% to CNY944.75 million from a year ago; 
analysts expected CNY1.01 billion. 
* NIU Technologies's reported EPS for the quarter was CNY1.14​.
* The mean earnings estimate of analysts had risen by about 0.5%
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 34.9% this quarter and
lost 24.2% so far this year.
* The company reported quarterly net income of CNY91.83 million.
* Wall Street's median 12-month price target for NIU
Technologies is $41.50 
* 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." 
This summary was machine generated August 16 at 07:51 a.m.  ​All
figures in Chinese yuan renminbi unless otherwise stated