Vnet Group Inc Expected To Post A Loss Of 42 Fen A Share: Earnings Preview

VNET

19/08/2024 12:55

* VNET Group Inc  VNET.OQ   VNET.O  is expected to show a
rise in
quarterly revenue when it reports  results on August 27 for the
period ending June 30 2024
    * The Beijing-based  company is expected to report a
6.2% increase
in revenue to CNY1.934 billion from CNY1.82 billion a year ago,
according to the estimate from one analyst, based on LSEG data.
    * ​LSEG's mean analyst estimate for VNET Group Inc is for a
loss
of 42 fen per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"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
$2.75​, above​ its last closing price of $1.79. ​​​

This summary was machine generated August 19 at 11:55 GMT.  All
figures in Chinese yuan renminbi unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)