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QFINBearishEarningsnews
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Qifu Technology (QFIN) to Report Q1 Earnings: What to Expect?

May 15, 2024, 2:12 PM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- QFIN to report Q1 2024 results on May 20, with a history of missed earnings. - Revenue estimate for Q1 2024 is $598.9 million, expected to increase by 14.3%. - Net revenues from Credit Driven and Platform services anticipated to have increased year over year. - Earnings per share estimated at $1.08, showing a 31.7% year-over-year growth. - Strong operating performance expected to benefit bottom line this quarter. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • QFIN to report Q1 2024 results on May 20, with a history of missed earnings.
  • Revenue estimate for Q1 2024 is $598.9 million, expected to increase by 14.3%.
  • Net revenues from Credit Driven and Platform services anticipated to have increased year over year.
  • Earnings per share estimated at $1.08, showing a 31.7% year-over-year growth.
  • Strong operating performance expected to benefit bottom line this quarter.

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