Vnet Group Inc Expected To Post A Loss Of 58 Fen A Share: Earnings Preview

VNET

18/11/2022 22:18

* VNET Group Inc  VNET.OQ   VNET.O  is expected to show a
rise in
quarterly revenue when it reports  results on November 22. 
    * The Beijing-based  company is expected to report  a
16.9% increase in revenue to CNY1.823 billion from CNY1.56
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 58 fen per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "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
$7.5​, above​ its last closing price of $5.45. ​​​

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  
 Jun. 30 2022  -0.37       -0.36      -2.58     Missed  -616.7
 Mar. 31 2022  0.01        0.00       0.18      Beat    3,700
 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.        -0.28       -0.32      3.04      Beat    1,055.
 30 2021                                                7
 Mar. 31 2021  -0.59       -0.49      -0.60     Missed  -22.9​
 Sep. 30 2020  -0.11       -0.20      0.48      Beat    339.7
 This summary was machine generated November 18 at 22:18 GMT. 
All figures in Chinese yuan renminbi  unless otherwise stated