Brokerages predict that Wuhan General Group (China) (NASDAQ:BEST) will announce sales of $1.32 billion for the current fiscal quarter, according to Zacks. Three analysts have made estimates for Wuhan General Group’s earnings, with estimates ranging from $1.31 billion to $1.33 billion. Wuhan General Group posted sales of $1.02 billion during the same quarter last year, which suggests a positive year-over-year growth rate of 29.4%. The firm is expected to report its next quarterly earnings results on Wednesday, August 14th.
According to Zacks, analysts expect that Wuhan General Group will report full-year sales of $5.47 billion for the current financial year, with estimates ranging from $5.41 billion to $5.55 billion. For the next year, analysts anticipate that the business will post sales of $6.81 billion, with estimates ranging from $6.42 billion to $7.08 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that that provide coverage for Wuhan General Group.
Wuhan General Group (NASDAQ:BEST) last announced its quarterly earnings data on Tuesday, May 14th. The company reported ($0.53) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.10) by ($0.43). The firm had revenue of $6.87 billion during the quarter, compared to analyst estimates of $6.49 billion. During the same period in the previous year, the company posted ($0.84) earnings per share. The business’s quarterly revenue was up 37.4% on a year-over-year basis.
Shares of Wuhan General Group stock traded down $0.11 on Wednesday, reaching $4.09. 696,255 shares of the company were exchanged, compared to its average volume of 1,086,193. Wuhan General Group has a 1-year low of $3.77 and a 1-year high of $13.54.
About Wuhan General Group
BEST Inc operates as a smart supply chain service provider in the People's Republic of China. Its proprietary technology platform enables its ecosystem participants to operate their businesses through various SaaS-based applications. The company applies its technologies to a range of applications, such as network and route optimization, swap bodies, sorting line automation, smart warehouses, and store management.
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