21Vianet Group (VNET) to Release Earnings on Thursday

21Vianet Group (NASDAQ:VNET) will be releasing its earnings data after the market closes on Thursday, May 16th. Analysts expect 21Vianet Group to post earnings of $0.03 per share for the quarter. 21Vianet Group has set its Q1 2019 guidance at EPS and its FY 2019 guidance at EPS.

21Vianet Group (NASDAQ:VNET) last released its quarterly earnings results on Monday, March 4th. The information technology services provider reported ($0.12) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.22). 21Vianet Group had a negative return on equity of 1.15% and a negative net margin of 5.86%. The business had revenue of $131.17 million during the quarter, compared to analyst estimates of $127.39 million. On average, analysts expect 21Vianet Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

NASDAQ:VNET opened at $7.78 on Tuesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 2.13 and a current ratio of 2.13. 21Vianet Group has a one year low of $5.12 and a one year high of $11.98. The stock has a market capitalization of $850.30 million, a P/E ratio of -32.42 and a beta of 1.21.

A number of analysts have recently weighed in on the company. BidaskClub upgraded 21Vianet Group from a “sell” rating to a “hold” rating in a research report on Tuesday, March 5th. Zacks Investment Research cut 21Vianet Group from a “hold” rating to a “sell” rating in a research report on Saturday, March 9th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $11.00.

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21Vianet Group Company Profile

21Vianet Group, Inc provides carrier and cloud-neutral Internet data center services to Internet companies, government entities, blue-chip enterprises, and small-to mid-sized enterprises in the People's Republic of China. It offers hosting and related services to house servers and networking equipment in its data centers, and connects them through a data transmission network.

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Earnings History for 21Vianet Group (NASDAQ:VNET)

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