Dingdong (Cayman) Ltd reports results for the quarter ended in December - Earnings Summary

Reuters02-29

* Dingdong (Cayman) Ltd reported quarterly adjusted earnings of 6 fen​​ per share for the quarter ended in December, lower than the same quarter last year, when the company reported EPS of 35 fen. The lone analyst forecast for the quarter was for earnings of 30 fen per share.

* Revenue fell 19.5% to CNY4.99 billion from a year ago; analysts expected CNY5.16 billion.

* Dingdong (Cayman) Ltd's reported EPS for the quarter was a loss of 3 fen​.

* The company reported a quarterly loss of CNY6.62 million.

* Dingdong (Cayman) Ltd shares had fallen by 14.7% this quarter.

FORECAST CHANGES

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 2 "hold" and 2 "sell" or "strong sell."

* Wall Street's median 12-month price target for Dingdong (Cayman) Ltd is $2.70

This summary was machine generated from LSEG data February 29 at 02:30 p.m. UTC. ​All figures in Chinese yuan renminbi unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Dec. 31 2023 0.30 0.06 Missed

0.03

0.01

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