Dada Nexus (NASDAQ:DADA) will release its quarterly earnings report on Wednesday, 2024-11-13. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Dada Nexus to report an earnings per share (EPS) of $-0.11.
The market awaits Dada Nexus's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Overview of Past Earnings
The company's EPS beat by $0.02 in the last quarter, leading to a 0.76% drop in the share price on the following day.
Here's a look at Dada Nexus's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.10 | -0.03 | 0.08 | |
| EPS Actual | -0.08 | -0.10 | -0.08 | 0 |
| Price Change % | -1.0% | -9.0% | -16.0% | 10.0% |
Tracking Dada Nexus's Stock Performance
Shares of Dada Nexus were trading at $1.7 as of November 11. Over the last 52-week period, shares are down 60.83%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
To track all earnings releases for Dada Nexus visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
