Vnet Group Inc Expected To Post A Loss Of 36 Fen A Share: Earnings Preview

VNET

26/08/2022 21:09

* VNET Group Inc  VNET.OQ   VNET.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 30. 
    * The Beijing-based  company is expected to report  a
14.4% increase in revenue to CNY1.712 billion from CNY1.5
billion a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for VNET Group Inc is
for a
loss of 36 fen per share. For the same quarter last year, the
company reported earnings of CNY3.04 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 1
"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 VNET Group
Inc is
$9.5​, above​ its last closing price of $5.06. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in Chinese yuan renminbi). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.01        0.00       0.18      Beat    3,700
 Dec. 31 2022  -1.54       -1.41      -0.18     Beat    87.3
 Sep. 30 2021  -0.36       -0.37      1.08      Beat    390.8​
 Jun. 30 2021  -0.28       -0.32      3.04      Beat    1,055.
                                                        7
 ​​Mar.        -0.59       -0.49      -0.60     Missed  -22.9
 31 2021                                                
                                                        ​
 Sep. 30 2020  -0.11       -0.20      0.48      Beat    339.7
 Jun. 30 2020  -0.31       -0.24      -0.37     Missed  -51.1
 This summary was machine generated August 26 at 20:09 GMT.  All
figures in Chinese yuan renminbi  unless otherwise stated