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

Youdao

18/08/2022 14:31

* Youdao Inc  DAO.N  reported a quarterly adjusted loss of
CNY3.52​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss of
CNY2.67 per share.
    * Revenue fell 26.1% to CNY956.23 million from a year ago;
analysts expected CNY930.62 million. 
    * The mean earnings estimate of analysts had fallen by
about 99.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Youdao Inc shares had risen by 13.4% this quarter and
lost 55.3%
so far this year.
    * The company reported a quarterly loss of CNY453.89
million.
    * Wall Street's median 12-month price target for Youdao Inc
is
$7.80 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 18
at 01:31 p.m.  ​All figures in Chinese yuan renminbi unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -2.67          -3.52          Missed
 Mar. 31 2022      -1.30          -0.57          Beat
 Dec. 31 2021      -1.64          -1.29          Beat
 Sep. 30 2021      -2.61          -1.05          Beat