• GDS Holdings Ltd GDS.OQ reported quarterly adjusted earnings of CNY22.48​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -88 fen. The mean expectation of six analysts for the quarter was for a loss of CNY2.04 per share. Wall Street expected results to range from CNY-3.50 to CNY-1.15 per share.

• Revenue rose 5.2% to CNY2.69 billion from a year ago; analysts expected CNY3.10 billion.

• GDS Holdings Ltd's reported EPS for the quarter was CNY22.48​.

• The company reported quarterly net income of CNY4.18 billion.

• GDS Holdings Ltd shares had risen by 49.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 13.5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the it services & consulting peer group is also "buy"

Wall Street's median 12-month price target for GDS Holdings Ltd is $45.00

This summary was machine generated from LSEG data March 19 at 01:30 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)