Kingsoft Cloud (KC) Set to Announce Quarterly Earnings on Tuesday

Kingsoft Cloud (NASDAQ:KC - Get Free Report) is scheduled to be releasing its earnings data before the market opens on Tuesday, August 20th. Analysts expect Kingsoft Cloud to post earnings of ($0.12) per share for the quarter. Individual interested in registering for the company's earnings conference call can do so using this link.

Kingsoft Cloud (NASDAQ:KC - Get Free Report) last released its quarterly earnings data on Wednesday, May 22nd. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.08). The company had revenue of $245.93 million during the quarter, compared to analyst estimates of $244.03 million. Kingsoft Cloud had a negative net margin of 27.62% and a negative return on equity of 25.61%. On average, analysts expect Kingsoft Cloud to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Kingsoft Cloud Stock Down 4.7 %

KC traded down $0.12 during trading on Tuesday, reaching $2.41. 1,306,210 shares of the stock were exchanged, compared to its average volume of 1,068,025. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.89 and a current ratio of 0.89. The stock's 50 day moving average price is $2.62 and its two-hundred day moving average price is $2.85. Kingsoft Cloud has a twelve month low of $2.24 and a twelve month high of $6.07. The stock has a market cap of $611.38 million, a P/E ratio of -2.13 and a beta of 2.00.

Kingsoft Cloud Company Profile

Kingsoft Cloud Holdings Limited provides cloud services to businesses and organizations primarily in China. The company's products portfolio includes cloud products, including infrastructure as a service (IaaS) infrastructure, platform as a service (PaaS) middleware, and software as a service (SaaS) applications that primarily consist of cloud computing, network, database, big data, security, storage, and delivery solutions.