Youdao Inc reports results for the quarter ended in December - Earnings Summary

Youdao

23/02/2023 14:31

* Youdao Inc  DAO.N  reported quarterly adjusted earnings of
25
fen​​ per share for the quarter ended in December. The mean
expectation of three analysts for the quarter was for a loss
of 28 fen per share.
    * Revenue rose 38.6% to CNY1.45 billion from a year ago;
analysts
expected CNY1.42 billion. 
    * The mean earnings estimate of analysts had risen by
about 41.4%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Youdao Inc shares had risen by 44.1% this quarter.
    * The company reported quarterly net income of CNY12.3
million.
    * Wall Street's median 12-month price target for Youdao Inc
is
$5.90 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
23 at 02:31 p.m.  ​All figures in Chinese yuan renminbi unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.28          0.25           Beat
 Sep. 30 2022      -0.86          -1.33          Missed
 Jun. 30 2022      -2.67          -3.52          Missed
 Mar. 31 2022      -1.30          -0.57          Beat