Vnet Group Inc Expected To Post A Loss Of Cny1.29 A Share: Earnings Preview

VNET

25/03/2024 20:20

* VNET Group Inc  VNET.OQ   VNET.O  is expected to show a
rise in
quarterly revenue when it reports  results on March 27 for the
period ending December 31 2023
    * The Beijing-based  company is expected to report a
7.3% increase
in revenue to CNY2.017 billion from CNY1.88 billion a year ago,
according to the estimate from one analyst, based on LSEG
data. (Consensus for SAL is based on Net Revenue)
    * ​LSEG's mean analyst estimate for VNET Group Inc is for a
loss
of CNY1.29 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"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
$3.50​, above​ its last closing price of $1.89. ​​​

This summary was machine generated March 25 at 20:20 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)