VNET Group's Q2 Earnings Forecast: Analysts Predict $0.01 EPS, Positive Guidance Anticipated

VNET Gr is set to report Q2 2024 earnings on Thursday, August 21, with analysts expecting EPS of $0.01. The company's past performance has shown a 1.3% increase in share price following an EPS miss in the previous quarter. Shares are currently trading at $7.84, up 286.6% over the last 52-week period.

VNET Group Inc. (VNET) is set to release its Q2 2024 earnings report on Thursday, August 21. Analysts are expecting the company to report an earnings per share (EPS) of $0.01. The stock has seen significant growth over the past year, with shares trading at $7.84 as of August 19, an increase of 286.6% over the last 52 weeks.

In the previous earnings release, VNET missed EPS estimates by $0.11, leading to a 1.3% increase in the share price the following trading session. This trend indicates that while the company may not always meet analyst expectations, it has shown resilience in the stock market [1].

Historically, VNET has demonstrated a mixed performance in terms of EPS and revenue growth. For instance, in Q1 2025, the company reported an EPS of $-0.15, coupled with a net loss of $220.22 million. Despite substantial revenue generation, the company faced challenges in achieving profitability [3].

Analysts are optimistic about VNET's prospects, with a current average rating of "buy" and a Wall Street median 12-month price target of $12.20, about 36.4% above its last closing price of $7.75 [2]. However, the absence of specific financial forecasts or recent strategic initiatives limits the ability to predict VNET's upcoming performance accurately.

Investors should closely monitor the earnings report for any positive guidance or strategic partnerships that could provide clarity on the company's future prospects. With substantial revenue but significant net losses in Q1 2025, the company faces ongoing profitability challenges. However, if strategic partnerships or internal efficiencies are realized, there may be potential for improved financial performance in future quarters.

References:
[1] https://www.benzinga.com/insights/earnings/25/08/47234911/a-look-ahead-vnet-grs-earnings-forecast
[2] https://www.tradingview.com/news/reuters.com,2025:newsml_L8N3UB0P0:0-vnet-group-inc-expected-to-post-earnings-of-4-fen-a-share-earnings-preview/
[3] https://www.ainvest.com/news/vnet-group-vnet-2025q2-earnings-preview-upside-potential-strategic-partnerships-2508/