Three Companies Raise First-Half Earnings Forecasts

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Summary · why it matters

A Securities Times Data Treasure tally shows three companies have upwardly revised their first-half earnings forecasts. Among them, the forecast types for Xinxing Equipment and Daye Intelligent changed. Xinxing Equipment shifted from an expected decline to flat, while Daye Intelligent moved from a narrowed loss to an expected profit. Star Sky Arrow kept its narrowed-loss type unchanged but raised its profit growth rate. On the day the upward revisions were announced, the companies' shares rose an average of 2.46 percent, and have gained an average of 3.35 percent since the revisions. Daye Intelligent's cumulative gain reached 12.08 percent.

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