GDS Holdings Ltd (HKSE:09698, Financial) is set to release its Q3 2024 earnings on Nov 19, 2024. The consensus estimate for Q3 2024 revenue is $3.22 billion, and the earnings are expected to come in at -$0.23 per share. The full year 2024's revenue is expected to be $12.40 billion and the earnings are expected to be -$0.79 per share. More detailed estimate data can be found on the Forecast page.
GDS Holdings Ltd (HKSE:09698, Financial) Estimates Trends
Over the past 90 days, revenue estimates for GDS Holdings Ltd (HKSE:09698) for the full year 2024 have increased from $12.36 billion to $12.40 billion, and for 2025, from $14.26 billion to $14.55 billion. Earnings estimates for the full year 2024 have risen from -$0.96 per share to -$0.79 per share, and for 2025, from -$0.64 per share to -$0.53 per share.
GDS Holdings Ltd (HKSE:09698, Financial) Reported History
In the previous quarter of 2024-06-30, GDS Holdings Ltd's (HKSE:09698) actual revenue was $3.04 billion, which beat analysts' revenue expectations of $3.00 billion by 1.3%. GDS Holdings Ltd's (HKSE:09698) actual earnings were -$0.17 per share, which beat analysts' earnings expectations of -$0.237 per share by 27.43%. After releasing the results, GDS Holdings Ltd (HKSE:09698) was down by -4% in one day.
GDS Holdings Ltd (HKSE:09698, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 8 analysts, the average target price for GDS Holdings Ltd (HKSE:09698) is $22.36 with a high estimate of $30.27 and a low estimate of $8.59. The average target implies a downside of -1.29% from the current price of $22.65.
Based on GuruFocus estimates, the estimated GF Value for GDS Holdings Ltd (HKSE:09698, Financial) in one year is $21.46, suggesting a downside of -5.25% from the current price of $22.65.
Based on the consensus recommendation from 7 brokerage firms, GDS Holdings Ltd's (HKSE:09698, Financial) average brokerage recommendation is currently 1.7, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
