* GDS Holdings Ltd reported a quarterly adjusted loss of 16 fen per share for the quarter ended in June, identical to the same quarter last year. The mean expectation of two analysts for the quarter was for a loss of 20 fen per share. Wall Street expected results to range from -22 cents to -19 cents per share.
* Revenue rose 14.3% to $2.83 billion from a year ago; analysts expected CNY2.79 billion.
* GDS Holdings Ltd's reported EPS for the quarter was a loss of 16 cents.
* The company reported a quarterly loss of $239.22 million.
* GDS Holdings Ltd shares had risen by 39.3% this quarter and gained 43.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 14.6% in the last three months.
* 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 6 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the it services & consulting peer group is also "buy"
Wall Street's median 12-month price target for GDS Holdings Ltd is HK$12.40 This summary was machine generated from LSEG data August 21 at 05:28 p.m. UTC. All figures in US dollars 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
Jun. 30 2024 -0.20 -0.16 Beat
Mar. 31 2024 -0.27 -0.24 Beat
Dec. 31 2023 -0.29 -0.11 Beat
Sep. 30 2023 -0.29 -0.30 Missed
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