Company Overview - GDS Holdings (GDS) shares increased by 18.3% to close at $25.68, supported by high trading volume, contrasting with a 9.7% loss over the past four weeks [1] - The company is expanding its data center capacity to meet rising demand, which is strengthening its market position [1] Financial Performance - GDS is expected to report a quarterly loss of $0.23 per share, reflecting a year-over-year change of +62.9% [2] - Revenue expectations for GDS are set at $429.72 million, representing a 19.3% increase from the same quarter last year [2] Earnings Estimates and Stock Movement - The consensus EPS estimate for GDS has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without trends in earnings estimate revisions [3] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [3] Industry Comparison - GDS Holdings is part of the Zacks Technology Services industry, where Outbrain Inc. (OB) has seen a 3% decline in its last trading session and a -16.1% return over the past month [3] - Outbrain's consensus EPS estimate has also remained unchanged, with a year-over-year change of +33.3% [4]
GDS Holdings (GDS) Moves 18.3% Higher: Will This Strength Last?