Recap: Chindata Group Holdings Q2 Earnings

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Chindata Group Holdings CD reported its Q2 earnings results on Thursday, August 25, 2022 at 07:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Chindata Group Holdings beat estimated earnings by 233.33%, reporting an EPS of $0.1 versus an estimate of $0.03.

Revenue was up $48.67 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 1.69% increase in the share price the next day.

Here’s a look at Chindata Group Holdings’s past performance:

 








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.030 0.01 -0.03 -0.01
EPS Actual 0.075 0.07 0.06 0.05
Revenue Estimate 128.54M 116.73M 112.48M 673.10M
Revenue Actual 145.22M 122.67M 114.97M 106.31M

To track all earnings releases for Chindata Group Holdings visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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Image and article originally from www.benzinga.com. Read the original article here.