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

Youdao

31/08/2021 15:32

* Youdao Inc  DAO.N  reported a quarterly adjusted loss of
CNY4.29​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of
CNY4.22 per share.
* Revenue rose 107.5% to CNY1.29 billion from a year ago; 
analysts expected CNY1.33 billion. 
* The mean earnings estimate of analysts was unchanged in the
last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Youdao Inc shares had fallen by 54.6% this quarter and
lost 60.5% so far this year.
* The company reported a quarterly loss of CNY524.35 million.
* Wall Street's median 12-month price target for Youdao Inc is
$20.50 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 
This summary was machine generated August 31 at 02:31 p.m.  ​All
figures in Chinese yuan renminbi unless otherwise stated