Vnet Group Inc Expected To Post Earnings Of 2 Fen A Share: Earnings Preview

VNET

18/11/2024 21:07

* VNET Group Inc  VNET.OQ   VNET.O  is expected to show a
rise in
quarterly revenue when it reports  results on November 20 for
the period ending September 30 2024
    * The Beijing-based  company is expected to report a
6.8% increase
in revenue to CNY2.015 billion from CNY1.89 billion a year ago,
according to the mean estimate from 3 analysts, based on LSEG
data.
    * ​LSEG's mean analyst estimate for VNET Group Inc is for
earnings
of 2 fen per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 2
"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
$4.00​, above​ its last closing price of $3.45. ​​​

Previous quarterly performance (using preferred earnings measure
in Chinese yuan renminbi). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.42       -0.42      0.24      Beat    157.1
 Mar. 31 2024  -0.14       -0.14      -0.72     Missed  -414.3
 Dec. 31 2023  -1.29       -1.29      -15.88    Missed  -1,131
                                                        ​
 Sep. 30 2023  -0.67       -0.51      -0.28     Beat    44.7
 ​​Jun.        -0.40       -0.38      -1.56     Missed  -305.8
 30 2023                                                
 Mar. 31 2023  -0.64       -0.63      0.42      Beat    166.5​
 Dec. 31 2022  -3.07       -3.07      -0.42     Beat    86.3
 Sep. 30 2022  -0.54       -0.58      -2.88     Missed  -396.6
 This summary was machine generated November 18 at 21:07 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)