Hesai Group reports results for the quarter ended in December - Earnings Summary

Reuters03-12

* Hesai Group reported a quarterly adjusted loss of 95 fen per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of CNY-1.18. The lone analyst forecast for the quarter was for a loss of 80 fen per share.

* Revenue was CNY561.18 million; analysts expected CNY583.80 million.

* Hesai Group shares had fallen by 35.4% this quarter.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 10.1% in the last three months.

* In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the electronic equipment & parts peer group is also "buy"

Wall Street's median 12-month price target for Hesai Group is $13.20 This summary was machine generated from LSEG data March 11 at 09:54 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 -0.80 -0.95 Missed

Sep. 30 2023 -1.56 -0.81 Beat

Jun. 30 2023 -1.37 -0.32 Beat

Mar. 31 2023 -0.64 0.01 Beat

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The ...</p>\n\n<a href=\"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HSAI","symbol_name":"禾赛","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2418110913","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2418110913","pubTimestamp":1710194105,"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"* Hesai Group    reported a quarterly adjusted loss of 95 fen per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of CNY-1.18.  The lone ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"HSAI":"禾赛"},"translate_title":"和赛集团报告截至12月的季度业绩——收益摘要","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HSAI":0.9},"content_text":"* Hesai Group    reported a quarterly adjusted loss of 95 fen per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of CNY-1.18.  The lone analyst forecast for the quarter was for a loss of 80 fen per share.    * Revenue was CNY561.18 million; analysts expected CNY583.80 million.    * Hesai Group shares had fallen by 35.4% this quarter.FORECAST CHANGES   * The mean earnings estimate of analysts had risen by about 10.1% in the last three months.    * In the last 30 days, there have been no negative revisions of earnings estimatesRECOMMENDATIONS   * The current average analyst rating on the shares is \"buy\" and the breakdown of recommendations is 7 \"strong buy\" or \"buy,\" 1 \"hold\" and no \"sell\" or \"strong sell.\"    * The average consensus recommendation for the electronic equipment & parts peer group is also \"buy\"Wall Street's median 12-month price target for Hesai Group is $13.20  This summary was machine generated from LSEG data March 11 at 09:54 p.m. UTC. All figures in Chinese yuan renminbi unless otherwise stated. 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