GDS Holdings Ltd reports results for the quarter ended September 30 - Earnings Summary

• GDS Holdings Ltd GDS.OQ reported a quarterly adjusted loss of CNY1.12​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of CNY-2.40. The mean expectation of six analysts for the quarter was for a loss of CNY1.43 per share. Wall Street expected results to range from CNY-1.60 to CNY-1.25 per share.

• Revenue rose 17.7% to CNY2.97 billion from a year ago; analysts expected CNY2.99 billion.

• GDS Holdings Ltd's reported EPS for the quarter was a loss of CNY1.12​.

• The company reported a quarterly loss of CNY205.96 million.

• GDS Holdings Ltd shares had risen by 15.1% this quarter and gained 157.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 10% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 3 "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 $25.00

This summary was machine generated from LSEG data November 19 at 02:31 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)