What Wall Street expects from Yangtze Optical Fibre and Cable Joint Stock's earnings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 22 2024
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Should l Buy ?
Source: Business Insider
Earnings Report Announcement: Yangtze Optical Fibre and Cable Joint Stock will report its Q2 earnings on August 23, with analysts predicting earnings per share of CNY 0.220, a decrease from HKD 0.540 in the same quarter last year.
Sales Forecast: The company is expected to report sales of CNY 3.30 billion, reflecting a 19.72% decline compared to the previous year, with an overall forecasted profit per share of CNY 0.695 for the current fiscal year, down from CNY 1.89 last year.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
