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GDS Holdings Ltd expected to post a loss of 28 fen a share - Earnings Preview

Reuters05-20

* GDS Holdings Ltd is expected to show a rise in quarterly revenue when it reports results on May 22 for the period ending March 31 2024

* The Shanghai-based company is expected to report a 10.8% increase in revenue to $2.669 billion from $2.41 billion a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

* LSEG's mean analyst estimate for GDS Holdings Ltd is for a loss of 28 fen per share.

* 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 mean earnings estimate of analysts was unchanged in the last three months.

* Wall Street's median 12-month price target for GDS Holdings Ltd is HK$14.83, above its last closing price of HK$9.32.

This summary was machine generated May 20 at 12:32 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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