Vnet Group Inc Expected To Post A Loss Of 38 Fen A Share: Earnings Preview

VNET

21/08/2023 13:58

* VNET Group Inc  VNET.OQ   VNET.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 23. 
    * The Beijing-based  company is expected to report  a
9.2% increase in revenue to CNY1.883 billion from CNY1.72
billion a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for VNET Group Inc is
for a
loss of 38 fen per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 7
"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
$4.5​, above​ its last closing price of $3.12. ​​​

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 2023  -0.64       -0.63      0.42      Beat    166.5
 Dec. 31 2023  -3.07       -3.07      -0.42     Beat    86.3
 Sep. 30 2022  -0.54       -0.58      -2.88     Missed  -396.6
                                                        ​
 Jun. 30 2022  -0.37       -0.36      -2.58     Missed  -616.7
 ​​Mar.        0.01        0.00       0.18      Beat    3,700
 31 2022                                                
 Dec. 31 2021  -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
 This summary was machine generated August 21 at 12:58 GMT.  All
figures in Chinese yuan renminbi  unless otherwise stated