Vnet Group Inc Reports Results For The Quarter Ended In December: Earnings Summary

VNET

31/03/2022 24:12

* VNET Group Inc  VNET.OQ  reported a quarterly adjusted
loss
of 18 fen​​ per share for the quarter ended in December. The
mean expectation of five analysts for the quarter was for a loss
of CNY1.41 per share.
    * Revenue rose 29.4% to CNY1.75 billion from a year ago; 
analysts
expected CNY1.76 billion. 
    * VNET Group Inc's reported EPS for the quarter was a loss
of 18
fen​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * VNET Group Inc shares had fallen by 19.4% this quarter.
    * The company reported a quarterly loss of CNY27.28 million.
    * Wall Street's median 12-month price target for VNET Group
Inc is
$21.20 
    * 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." 

This summary was machine generated March 30 at 11:11 p.m.  ​All
figures in Chinese yuan renminbi unless otherwise stated