Nebius Group NV reports results for the quarter ended September 30 - Earnings Summary

• Nebius Group NV reported quarterly adjusted earnings of 31 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -40 cents. The mean expectation of sixteen analysts for the quarter was for a loss of 69 cents per share. Wall Street expected results to range from -99 cents to -20 cents per share.

• Revenue rose 571.3% to $980.80 million from a year ago; analysts expected $907.53 million.

• Nebius Group NV's reported EPS for the quarter was a loss of 13 cents​.

• The company reported a quarterly loss of $37.5 million.

• Nebius Group NV shares had fallen by 34.4% this quarter and gained 84.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 26.8% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 7 "hold" and no "sell" or "strong sell." The average consensus recommendation for the business support services peer group is also "buy"

• Wall Street's median 12-month price target for Nebius Group NV is $300.00, about 48.4% above its last closing price of $154.69

This summary was machine generated from LSEG data November 12 at 03:49 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)