GDS Holdings Q1 EPADS $(0.39) Misses $(0.31) Estimate, Sales $350.77M Miss $351.20M Estimate
Portfolio Pulse from Benzinga Newsdesk
GDS Holdings reported Q1 losses of $(0.39) per share, missing the analyst consensus estimate of $(0.31) by 25.81%. Quarterly sales were $350.77 million, missing the estimate of $351.20 million by 0.12%. This is a decrease from the same period last year.
May 25, 2023 | 11:02 am
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GDS Holdings reported Q1 losses of $(0.39) per share, missing estimates by 25.81%. Sales were $350.77 million, missing estimates by 0.12%.
GDS Holdings missed both earnings and sales estimates for Q1, which could negatively impact the stock price in the short term. The company's losses increased by 25.81% compared to the analyst consensus estimate, and sales missed the estimate by 0.12%. This underperformance may lead to a decrease in investor confidence and a drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100