Dada Nexus Ltd DADA.OQ DADA.O is expected to show a fall in quarterly revenue when it reports results on November 13 for the period ending September 30 2024
The Shanghai-based company is expected to report a 17.5% decrease in revenue to CNY2.365 billion from CNY2.87 billion a year ago, according to the mean estimate from 5 analysts, based on LSEG data.
LSEG's mean analyst estimate for Dada Nexus Ltd is for a loss of 78 fen per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 5 "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 Dada Nexus Ltd is $2.10, above its last closing price of $1.70.
Previous quarterly performance (using preferred earnings measure in Chinese yuan renminbi).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jan. 1 0001 | -0.73 | -0.72 | -0.14 | Beat | 80.7 |
Jan. 1 0001 | -0.50 | -0.49 | -0.72 | Missed | -46.6 |
Jan. 1 0001 | 0.60 | -0.15 | Missed | -125.1 | |
Jan. 1 0001 | -0.06 | -0.05 | -0.01 | Beat | 80.8 |
Jun. 30 2023 | 0.02 | 0.02 | 0.04 | Beat | 140 |
Jan. 1 0001 | -0.62 | -0.48 | -0.72 | Missed | -51.3 |
Dec. 31 2022 | -0.77 | -0.78 | -0.72 | Beat | 7.9 |
Jan. 1 0001 | -1.20 | -1.28 | -1.04 | Beat | 18.9 |
This summary was machine generated November 12 at 03:45 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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