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

Youdao

25/05/2023 14:32

* Youdao Inc  DAO.N  reported a quarterly adjusted loss of
CNY1.59​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for a loss of CNY1.29 per
share.
    * Revenue fell 3.1% to CNY1.16 billion from a year ago;
analysts
expected CNY1.14 billion. 
    * The mean earnings estimate of analysts had fallen by
about 1,257.9% 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 43.3% this quarter and
lost 10.4% so far this year.
    * The company reported a quarterly loss of CNY204.35
million.
    * Wall Street's median 12-month price target for Youdao Inc
is
$9.80 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 8 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
25 at 01:32 p.m. UTC. ​All figures in Chinese yuan renminbi
unless otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -1.29          -1.59          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