CNFinance Holdings Ltd reports results for the quarter ended in June - Earnings Summary

CNFinance Holdings

24/08/2022 14:31

* CNFinance Holdings Ltd  CNF.N  reported quarterly adjusted
earnings of 24 fen​​ per share for the quarter ended in June.
The lone analyst forecast for the quarter was for earnings of 3
fen per share.
    * Revenue fell 9.1% to CNY410.57 million from a year ago;
analysts
expected CNY473.59 million. 
    * CNFinance Holdings Ltd's reported EPS for the quarter was
24
fen​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * CNFinance Holdings Ltd shares had fallen by 2.4% this
quarter and lost 39.0% so far this year.
    * The company reported quarterly net income of CNY18.12
million.
    * Wall Street's median 12-month price target for CNFinance
Holdings Ltd is $5.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 24
at 01:31 p.m.  ​All figures in Chinese yuan renminbi unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.03           0.24           Beat
 Mar. 31 2022      0.00           0.63           Beat
 Dec. 31 2021      -0.06          -1.53          Missed
 Sep. 30 2021      0.03           0.25           Beat