Youdao Inc expected to post a loss of CNY4.22 a share - Earnings Preview

Youdao

24/08/2021 06:52

* Youdao Inc  DAO.N   DAO  is expected to show a rise in
quarterly revenue when it reports results on August 23
(estimated). 
* The Zhejiang-based company is expected to report   a
113.6% increase in revenue to CNY1.331 billion from CNY623.29
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 CNY4.22 per share. For the same quarter last year, the
company reported a loss of CNY2.30 per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 4 "strong buy" or "buy," 5
"hold" and 1 "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
$28​, about 65.4% above​ its last closing price of $9.70. ​​​
* Previous quarterly performance (using preferred earnings
measure in Chinese yuan renminbi). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -3.13       -3.14      -2.75     Beat    12.4
 Dec. 31 2020  -4.57       -4.55      -3.93     Beat    13.7
 Sep. 30 2020  -7.73       -7.78      -7.73     Beat    0.6​
 Jun. 30 2020  -1.85       -1.85      -2.30     Missed  -24.6
 ​​            ​                                        ​
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 This summary was machine generated August 24 at 05:52 GMT.  All
figures in Chinese yuan renminbi unless otherwise stated