GDS Earnings Prediction
The chart below shows how GDS performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GDS sees a +6.50% change in stock price 10 days leading up to the earnings, and a +10.36% change 10 days following the report. On the earnings day itself, the stock moves by -3.34%. This data can give you a slight idea of what to expect for the next quarter's release.
GDS Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
414.06M
19.06%
6.08%
Gross Margin
22.15%
24.72%
-1.86%
Operating Margin
10.80%
237.50%
-3.31%
Net Margin
-7.79%
-53.38%
-5.00%
EPS
-0.02
-50.00%
-0.00%
No Data Available
GDS Earnings Analysis
GDS Holdings Limited ADS Corporation (GDS.O) Earnings Conference Call
Positive
Strong Revenue and EBITDA Growth: In Q3 2024, GDS achieved a revenue growth of 18% and adjusted EBITDA growth of 15% year-on-year, reflecting strong performance in current market conditions.
Record Gross Area Utilization: The gross additional area utilized in Q3 2024 was over 25,000 square meters, the highest level ever achieved, driven by AI demand.
Projected Area Utilization Growth: For the full year of 2024, GDS expects net additional area utilized of around 60,000 square meters, similar to the peak year of 2020.
Segment Revenue and EBITDA Growth: In Q3 2024, GDSH segment revenue increased by 6.1% and adjusted EBITDA increased by 3.6% year-on-year, primarily driven by an increase in total area utilized of 11.6%.
Capacity Expansion Milestone: As of Q3 2024, GDSI has signed a contract with a leading global tech company for capacity at its campus in Batam, committing 34 megawatts and reserving 38 megawatts, marking a significant milestone.
Negative
Segment Revenue and EBITDA Growth: GDSH segment revenue increased by 6.1% and adjusted EBITDA increased by 3.6% year-on-year, indicating slower growth compared to previous quarters.
Decline in MSR Efficiency: MSR per square meter has declined moderately over the past four quarters, suggesting a decrease in efficiency or pricing power.
EBITDA Margin Decline: Adjusted EBITDA margin for 3Q24 versus 3Q23 was down by 1 percentage point, reflecting increased costs or reduced pricing power.
Negative Cash Flow Concerns: Cash flow before financing for GDSH is negative RMB 293 million, indicating financial strain and potential liquidity issues.
Cash Balance and Leverage: At the end of 3Q24, the cash balance of GDSH decreased to RMB 7.8 billion, and the net debt to last quarter annualized adjusted EBITDA multiple was 7.4 times, indicating high leverage.
GDS FAQs
How does GDS typically perform around its earnings report dates?
Is GDS Holdings Limited (GDS) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
GDS Earning Call Sentiment
GDS Holdings Limited (GDS) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
GDS.O
-7.71%Positive
The earnings call reflects mixed signals: strong international demand and strategic partnerships are positive, but high net debt and unclear management responses on CapEx and financial commitments raise concerns. The positive aspects like revenue growth and strategic partnerships are offset by financial risks and uncertainties, resulting in a neutral sentiment. Given the market cap, the stock is likely to experience moderate fluctuations, but not enough to deviate significantly from its current position.
