Hesai Group expected to post a loss of 16 fen a share - Earnings Preview

reuters11-09

Hesai Group <hsai.oq> expected to post a loss of 16 fen a share - Earnings Preview </hsai.oq>

Hesai Group HSAI.OQ, HSAI.O is expected to show a rise in quarterly revenue when it reports results on November 12 (estimated) for the period ending September 30 2024
The Shanghai-based company is expected to report a 9.9% increase in revenue to CNY489.563 million from CNY445.6 million a year ago, according to the estimate from one analyst, based on LSEG data.
LSEG's mean analyst estimate for Hesai Group is for a loss of 16 fen per share.
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 mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Hesai Group is $6.10, above its last closing price of $4.47.

This summary was machine generated November 9 at 01:05 GMT. 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)

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