• GDS Holdings Ltd GDS.OQ reported quarterly adjusted earnings of CNY3.44​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of CNY-1.92. The mean expectation of four analysts for the quarter was for a loss of 91 fen per share. Wall Street expected results to range from CNY-1.55 to -29 fen per share.

• Revenue rose 3.6% to CNY2.72 billion from a year ago; analysts expected CNY2.72 billion.

• GDS Holdings Ltd's reported EPS for the quarter was CNY3.44​.

• The company reported quarterly net income of CNY763.02 million.

• GDS Holdings Ltd shares had risen by 6.9% this quarter and gained 14.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 48.6% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the it services & consulting peer group is also "buy"

• Wall Street's median 12-month price target for GDS Holdings Ltd is $42.00

This summary was machine generated from LSEG data May 20 at 01:32 p.m. UTC. ​All figures in Chinese yuan renminbi unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)