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

Niu Technologies

17/05/2021 10:39

* NIU Technologies  NIU.OQ  reported quarterly adjusted earnings
of 9 fen​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
25 fen per share.
* Revenue rose 135% to CNY547.34 million from a year ago; 
analysts expected CNY512.65 million. 
* NIU Technologies's reported EPS for the quarter was a loss
of 7 fen​.
* The mean earnings estimate of analysts had fallen by
about 37.5% 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 20.3% this quarter and
gained 4.1% so far this year.
* The company reported a quarterly loss of CNY5.37 million.
* Wall Street's median 12-month price target for NIU
Technologies is $46.00 
* 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 May 17 at 09:39 a.m. GMT.
​All figures in Chinese yuan renminbi