Youdao Inc expected to post earnings of 41 fen a share - Earnings Preview

Reuters
2024-11-12

* Youdao Inc is expected to show a rise in quarterly revenue when it reports results on November 14 for the period ending September 30 2024

* The Hangzhou Zhejiang-based company is expected to report a 9.6% increase in revenue to CNY1.687 billion from CNY1.54 billion a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Youdao Inc is for earnings of 41 fen per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "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 Youdao Inc is 5.46​, above​ its last closing price of $5.37. ​​​

This summary was machine generated November 12 at 14:00 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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