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

* Youdao Inc  DAO.N  reported a quarterly adjusted loss of
CNY2.75​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for a loss of
CNY3.14 per share.
* Revenue rose 147.5% to CNY1.34 billion from a year ago; 
analysts expected CNY1.25 billion. 
* The mean earnings estimate of analysts had risen by
about 16.3% in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Youdao Inc shares had fallen by 10.1% this quarter and
lost 19.3% so far this year.
* The company reported a quarterly loss of CNY325.79 million.
* Wall Street's median 12-month price target for Youdao Inc is
$42.00 
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 10 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 18 at 10:41 a.m. GMT.
​All figures in Chinese yuan renminbi

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