Vnet Group Inc Expected To Post A Loss Of Cny3.07 A Share: Earnings Preview

VNET

17/03/2023 20:15

* VNET Group Inc  VNET.OQ   VNET.O  is expected to show a
rise in
quarterly revenue when it reports  results on March 21. 
    * The Beijing-based  company is expected to report  a
12.3% increase in revenue to CNY1.96 billion from CNY1.75
billion a year ago, according to the estimate from one analyst,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for VNET Group Inc is
for a
loss of CNY3.07 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "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
$6.75​, above​ its last closing price of $3.07. ​​​

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 2022  -0.54       -0.58      -2.88     Missed  -396.6
 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.        -0.36       -0.37      1.08      Beat    390.8
 30 2021                                                
 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
 This summary was machine generated March 17 at 20:15 GMT.  All
figures in Chinese yuan renminbi  unless otherwise stated