Vnet Group Inc Expected To Post Breakeven Results A Share: Earnings Preview

VNET

20/05/2022 22:20

* VNET Group Inc  VNET.OQ   VNET.O  is expected to show a
rise in
quarterly revenue when it reports  results on May 24. 
    * The Beijing-based  company is expected to report  a
26.6% increase in revenue to CNY1.756 billion from CNY1.39
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
breakeven results per share. For the same quarter last year, the
company reported a loss of 60 fen 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
$12​, above​ its last closing price of $5.77. ​​​
    * 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  
 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. 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. 30 2020  -0.11       -0.20      0.48      Beat    339.7​
 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
 This summary was machine generated May 20 at 21:20 GMT.  All
figures in Chinese yuan renminbi  unless otherwise stated