Youdao Inc expected to post a loss of CNY1.86 a share - Earnings Preview

Youdao

20/08/2024 17:17

* Youdao Inc  DAO.N   DAO  is expected to show a rise in
quarterly
revenue when it reports  results on August 22 for the period
ending June 30 2024
    * The Hangzhou Zhejiang-based  company is expected to report
a
12.0% increase in revenue to $1.352 billion from $1.21 billion a
year ago, according to the mean estimate from 2 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Youdao Inc is for a loss
of
CNY1.86 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 1
"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 Youdao Inc
is
$5.50​, above​ its last closing price of $3.47. ​​​

This summary was machine generated August 20 at 16:17 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)