The Week On The Horizon: Kingsoft Cloud, Jumia Technologies, Citi Trends, Affimed, REE Automotive
- May 20th, 2023
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Notable companies are expected to report their financial results on Tuesday, May 23rd. Here are the details:
Kingsoft Cloud Holdings Limited (Nasdaq: KC) will release its unaudited financial results for the first quarter of 2023 before the opening of U.S. markets. Analysts anticipate a consensus loss of $0.22 per share on revenue of $281.66 million. On Friday, $KC closed at $4.40, experiencing a decrease of $0.35 (-7.37%).
Jumia Technologies AG (NYSE: JMIA) will also announce its results for the first quarter of 2023 before the opening of the U.S. market. The consensus estimate is a loss of $0.36 per share on revenue of $50.5 million. $JMIA closed at $2.83 on Friday, reflecting a decrease of $0.10 (-3.41%).
Citi Trends, Inc. (Nasdaq: CTRN) has plans to release its earnings for the first quarter of 2023 before the market opens. Analysts predict a consensus loss of $0.30 per share on revenue of $180.25 million. $CTRN closed at $17.43 on Friday, showing a decrease of $0.59 (-3.27%).
Affimed N.V. (Nasdaq: AFMD) is set to release its first quarter 2023 results before the market opens. The consensus estimate is a loss of $0.21 per share on revenue of $5.67 million. On Friday, $AFMD closed at $1.08, experiencing an increase of $0.11 (+11.64%).
REE Automotive Ltd. (Nasdaq: REE) will release its first quarter 2023 financial results before the market opens. Analysts anticipate a consensus loss of $0.07 per share on revenue of $550,000. On Friday, $REE closed at $0.38, reflecting an increase of $0.005 (+1.33%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
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