2 weeks Ago By Defense World Staff
VNET Group ( NASDAQ:VNET – Get Free Report ) will announce its earnings results after the market closes on Wednesday, November 20th. Analysts expect the company to announce earnings of $0.03 per share for the quarter.
VNET Group has set its FY 2024 guidance at EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link . VNET Group ( NASDAQ:VNET – Get Free Report ) last released its quarterly earnings results on Tuesday, August 27th.
The information technology services provider reported $0.06 EPS for the quarter, topping the consensus estimate of $0.01 by $0.
05. The business had revenue of $274.35 million during the quarter, compared to analyst estimates of $266.
56 million. VNET Group had a negative net margin of 34.62% and a negative return on equity of 11.
44%. On average, analysts expect VNET Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year. VNET Group Trading Down 3.
1 % Shares of NASDAQ:VNET opened at $3.48 on Wednesday. VNET Group has a fifty-two week low of $1.
39 and a fifty-two week high of $4.50. The company has a quick ratio of 0.
87, a current ratio of 0.87 and a debt-to-equity ratio of 1.47.
The company has a market cap of $895.75 million, a PE ratio of -1.49, a P/E/G ratio of 7.
23 and a beta of -0.27. The company’s 50-day moving average price is $3.
49 and its 200 day moving average price is $2.56. Analyst Ratings Changes Get Our Latest Stock Report on VNET About VNET Group ( Get Free Report ) VNET Group, Inc, an investment holding company, provides hosting and related services in China.
It offers managed hosting services consisting of managed retail services, such as colocation services that dedicate data center space to house customers' servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; interconnectivity services that allow customers to connect their servers; value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and backup server services; cloud services that allow customers to run applications over the internet using IT infrastructure; and VPN Services that extend customers' private networks by setting up connections through the public internet. Featured Stories Five stocks we like better than VNET Group Dividend Payout Ratio Calculator Home Depot Stock: Targeting 12% in 2024 and 25% More in 2025 Retail Stocks Investing, Explained Is Tesla’s Valuation a Bubble or Backed by Real Growth? Want to Profit on the Downtrend? Downtrends, Explained. Trucking Stocks Led the Pack Last Week: Can They Keep Rolling? Receive News & Ratings for VNET Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VNET Group and related companies with MarketBeat.
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