A Peek at Kingsoft Cloud Holdings's Future Earnings

Kingsoft Cloud Holdings KC is set to give its latest quarterly earnings report on Tuesday, 2024-11-19. Here's what investors need to know before the announcement.

Analysts estimate that Kingsoft Cloud Holdings will report an earnings per share (EPS) of $-0.16.

Investors in Kingsoft Cloud Holdings are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Past Earnings Performance

Last quarter the company missed EPS by $0.02, which was followed by a 4.22% increase in the share price the next day.

Here's a look at Kingsoft Cloud Holdings's past performance and the resulting price change:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate -0.15 -0.14 -0.16 -0.17
EPS Actual -0.17 -0.12 -0.15 -0.18
Price Change % 4.0% -3.0% -3.0% -1.0%

Performance of Kingsoft Cloud Holdings Shares

Shares of Kingsoft Cloud Holdings were trading at $5.05 as of November 15. Over the last 52-week period, shares are down 11.28%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all earnings releases for Kingsoft Cloud Holdings visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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KCKingsoft Cloud Holdings Ltd
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