VNET Group Inc VNET.OQ VNET.O is expected to show a rise in quarterly revenue when it reports results on November 20 for the period ending September 30 2024
The Beijing-based company is expected to report a 6.8% increase in revenue to CNY2.015 billion from CNY1.89 billion a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for VNET Group Inc is for earnings of 2 fen per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 2 "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 VNET Group Inc is $4.00, above its last closing price of $3.45.
Previous quarterly performance (using preferred earnings measure in Chinese yuan renminbi).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jun. 30 2024 | -0.42 | -0.42 | 0.24 | Beat | 157.1 |
Mar. 31 2024 | -0.14 | -0.14 | -0.72 | Missed | -414.3 |
Dec. 31 2023 | -1.29 | -1.29 | -15.88 | Missed | -1,131 |
Sep. 30 2023 | -0.67 | -0.51 | -0.28 | Beat | 44.7 |
Jun. 30 2023 | -0.40 | -0.38 | -1.56 | Missed | -305.8 |
Mar. 31 2023 | -0.64 | -0.63 | 0.42 | Beat | 166.5 |
Dec. 31 2022 | -3.07 | -3.07 | -0.42 | Beat | 86.3 |
Sep. 30 2022 | -0.54 | -0.58 | -2.88 | Missed | -396.6 |
This summary was machine generated November 18 at 21:07 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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