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VNET Group (VNET) Earnings Date, Estimates & Call Transcripts

VNET Group logo
$3.45 +0.04 (+1.17%)
(As of 11/15/2024 ET)

VNET Group Latest Earnings Summary

Upcoming Q3
Earnings Date
Nov. 20After Market ClosesConfirmed
Actual EPS
(Aug. 27)
$0.06 Beat By $0.05
Consensus EPS
(Aug. 27)
$0.01

VNET Group released Q2 2024 earnings on August 27, 2024, reporting an EPS of $0.06, which topped analysts' consensus estimates of $0.01 by $0.05. Quarterly revenue was reported to be $274.35 million, above analyst estimates of $266.56 million. With a trailing EPS of -$2.34, VNET Group's earnings are expected to grow 1,500.00% next year, from $0.02 to $0.32 per share.

VNET Upcoming Earnings

VNET Group's next earnings date is scheduled for Wednesday, November 20, 2024, with a conference call scheduled for at 8:00 PM ET. Interested parties can register for or listen to the call or dial in at 855-883-1031 with passcode "10043189".

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VNET Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

VNET Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

VNET Group Analyst EPS Estimates

Current Year EPS Consensus Estimate:$0.02 EPS
Next Year EPS Consensus Estimate: $0.32 EPS

VNET Group Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
11/20/2024
(Confirmed)
-------  
8/27/2024Q2 2024$0.01$0.06+$0.05$0.06$266.56M$274.35M
5/29/2024Q1 2024$0.01-$0.12 -$0.13-$0.12$258.78M$262.89M    
3/27/2024Q4 2023-$0.01-$0.51 -$0.50$1.20$289.41M$267.40M    
11/15/2023Q3 2023-$0.13-$0.06+$0.07-$0.06$271.25M$258.62M    
8/23/2023Q2 2023-$0.04-$0.24 -$0.20-$0.24$264.65M$251.23M    
5/24/2023Q1 2023$0.01$0.06+$0.05$0.06$257.72M$262.94M    
3/21/2023Q4 2022$0.48-$0.06 -$0.54-$0.06$302.53M$272.67M    
11/22/2022Q3 2022-$0.07-$0.42 -$0.35-$0.42$265.08M$255.04M    

VNET Group Earnings - Frequently Asked Questions

VNET Group has confirmed that its next quarterly earnings data will be published on Wednesday, November 20th, 2024. Learn more on VNET's earnings history.

VNET Group updated its FY 2024 earnings guidance on Tuesday, August, 27th. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion.

In the previous quarter, VNET Group (NASDAQ:VNET) reported $0.06 earnings per share (EPS) to beat the analysts' consensus estimate of $0.01 by $0.05. Learn more on analysts' earnings estimate vs. VNET's actual earnings.

VNET Group (NASDAQ:VNET) has a recorded annual revenue of $1.04 billion.

VNET Group (NASDAQ:VNET) has a recorded net income of -$372.38 million. VNET has generated -$2.34 earnings per share over the last four quarters.

VNET Group (NASDAQ:VNET) has a forward price-to-earnings ratio of 172.50. The price/earnings-to-growth ratio is 7.15.

VNET Group's earnings are expected to grow from $0.02 per share to $0.32 per share in the next year, which is a 1,500.00% increase.

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This page (NASDAQ:VNET) was last updated on 11/17/2024 by MarketBeat.com Staff
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