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
0mins
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.
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.
