Dada Nexus (DADA) Projected to Post Earnings on Monday

Dada Nexus (NASDAQ:DADA) is projected to release its earnings data before the market opens on Monday, March 24th. Analysts expect Dada Nexus to post earnings of $0.15 per share and revenue of $2.39 billion for the quarter.

Dada Nexus (NASDAQ:DADA) last announced its earnings results on Wednesday, March 5th. The company reported ($0.03) EPS for the quarter. The company had revenue of $338.25 million for the quarter. Dada Nexus had a negative net margin of 20.95% and a negative return on equity of 12.70%.

Dada Nexus Stock Performance

Shares of NASDAQ:DADA opened at $1.86 on Friday. The firm has a 50 day simple moving average of $1.75 and a 200 day simple moving average of $1.59. Dada Nexus has a 52 week low of $1.04 and a 52 week high of $2.56. The company has a market cap of $482.05 million, a PE ratio of -1.68 and a beta of 1.40.

About Dada Nexus

Dada Nexus Limited operates a platform of local on-demand retail and delivery in the People’s Republic of China. It operates Dada Now, a local on-demand delivery platform that provides intra-city delivery and last-mile delivery services on an on-demand basis to chain merchants, small- and medium-sized enterprise merchants, and individual senders; and JDDJ, a local on-demand retail platforms for consumers, retailers, and brand owners.