Vnet Group Inc Expected To Post A Loss Of Cny1.41 A Share: Earnings Preview

VNET

28/03/2022 21:40

* VNET Group Inc  VNET.OQ   VNET.O  is expected to show a
rise in
quarterly revenue when it reports  results on March 30. 
    * The Beijing-based  company is expected to report  a
30.5% increase in revenue to CNY1.76 billion from CNY1.35
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 CNY1.41 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," no
"hold" and 1 "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
$21.2​, above​ its last closing price of $6.93. ​​​
    * 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  
 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. 31 2021  -0.59       -0.49      -0.60     Missed  -22.9​
 ​​Sep.        -0.11       -0.20      0.48      Beat    339.7
 30 2020                                                
 Jun. 30 2020  -0.31       -0.24      -0.37     Missed  -51.1​
 Mar. 31 2020  -0.03       0.03       -0.92     Missed  -3,638
                                                        .5
 Dec. 31 2019  0.11        0.11       0.40      Beat    273.8
 This summary was machine generated March 28 at 20:40 GMT.  All
figures in Chinese yuan renminbi  unless otherwise stated