Cango Inc CANG.N reported a quarterly adjusted loss of CNY11.62 per share for the quarter ended December 31. The mean expectation of three analysts for the quarter was for a loss of 49 fen per share. Wall Street expected results to range from -75 fen to -21 fen per share.
Revenue was CNY1.27 billion; analysts expected CNY1.23 billion.
Cango Inc's reported EPS for the quarter was a loss of CNY11.62.
The company reported a quarterly loss of CNY2.07 billion.
Cango Inc shares had fallen by 54.4% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2% 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 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the blockchain & cryptocurrency peer group is also "buy"
Wall Street's median 12-month price target for Cango Inc is $3.00, about 77.2% above its last closing price of $0.68
This summary was machine generated from LSEG data March 17 at 07:44 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 2025 | -0.49 | -11.62 | Missed |
Sep. 30 2025 | 0.82 | 1.43 | Beat |
Jun. 30 2025 | -0.31 | -9.88 | Missed |
Mar. 31 2025 | 3.56 | -1.00 | Missed |
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