Youdao Inc expected to post a loss of CNY2.61 a share - Earnings Preview

Youdao

12/11/2021 15:10

* Youdao Inc  DAO.N   DAO  is expected to show a rise in
quarterly revenue when it reports  results on November 16. 
* The Zhejiang-based company is expected to report  a
80.1% increase in revenue to CNY1.614 billion from CNY896.04
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Youdao Inc is for a
loss of CNY2.61 per share. For the same quarter last year, the
company reported a loss of CNY7.73 per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"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
$14.5​, about 1.1% above​ its last closing price of $14.34. ​​​
This summary was machine generated November 12 at 15:10 GMT. 
All figures in Chinese yuan renminbi  unless otherwise stated