* Kingsoft Cloud Holdings Ltd is expected to show a rise in quarterly revenue when it reports results on November 19 for the period ending September 30 2024
* The Beijing-based company is expected to report a 18.8% increase in revenue to CNY1.931 billion from CNY1.63 billion a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
* LSEG's mean analyst estimate for Kingsoft Cloud Holdings Ltd is for a loss of CNY1.06 per share.
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 4 "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 Kingsoft Cloud Holdings Ltd is $4.06, below its last closing price of $4.65.
Previous quarterly performance (using preferred earnings measure in Chinese yuan renminbi).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Jun. 30 2024 -1.03 -1.05 -0.08 Beat 92.4
Mar. 31 2024 -0.91 -1.02 -0.90 Beat 11.4
Dec. 31 2023 -1.09 -1.19 -1.05 Beat 11.7
Sep. 30 2023 -1.22 -1.23 -1.32 Missed -7.6
Jun. -1.48 -1.47 -1.33 Beat 9.4
30 2023
Mar. 31 2023 -1.58 -1.58 -1.80 Missed -13.9
Dec. 31 2022 -1.63 -1.68 -2.28 Missed -35.3
Sep. 30 2022 -1.70 -1.64 -1.99 Missed -21.2
This summary was machine generated November 15 at 14:05 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)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.