GDS Holdings Ltd expected to post a loss of 29 fen a share - Earnings Preview

Reuters2023-11-20

* GDS Holdings Ltd is expected to show a rise in quarterly revenue when it reports results on November 22 for the period ending June 30 2023

* The Shanghai-based company is expected to report a 6.4% increase in revenue to CNY2.519 billion from CNY2.37 billion a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for GDS Holdings Ltd is for a loss of 29 fen per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for GDS Holdings Ltd is HK$16.16​, above​ its last closing price of HK$11.26. ​​​

This summary was machine generated November 20 at 13:33 GMT. All figures in Chinese yuan renminbi unless otherwise stated.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment