Vnet Group Inc Reports Results For The Quarter Ended March 31: Earnings Summary

VNET

26/05/2026 14:31

VNET Group Inc VNET.OQ reported a quarterly adjusted loss of CNY8.16​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of -90 fen.  The mean expectation of three analysts for the quarter was for a loss of 24 fen per share. Wall Street expected results to range from -32 fen to -11 fen per share.
Revenue rose 19.8% to CNY2.69 billion from a year ago; analysts expected CNY2.68 billion. 
VNET Group Inc's reported EPS for the quarter was a loss of CNY8.16​.
The company reported a quarterly loss of CNY531.84 million.
VNET Group Inc shares had risen by 13.7% this quarter and gained 12.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 691.7% in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy" 
Wall Street's median 12-month price target for VNET Group Inc is $15.50, about 38.5% above its last closing price of $9.54
This summary was machine generated from LSEG data May 26 at 01:31 p.m. UTC. ​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)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Mar. 31 2026 
-0.24
-8.16
Missed
Dec. 31 2025 
-0.51
1.02
Beat
Sep. 30 2025 
-0.28
-1.14
Missed
Jun. 30 2025 
0.04
-0.06
Missed