Lufax Holding Ltd expected to post a loss of 2 cents a share - Earnings Preview

Lufax Holding

08/03/2024 21:53

* Lufax Holding Ltd  LU.N   LU  is expected to show a fall
in
quarterly revenue when it reports  results on March 11
(estimated) for the period ending December 31 2023
    * The Shanghai-based  company is expected to report a
41.0% decrease in revenue to $1.054 billion from $1.79 billion a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Lufax Holding Ltd is for
a
loss of 2 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 6
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Lufax
Holding Ltd
is $4.00​, above​ its last closing price of $2.58. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.16        0.15       0.04      Missed  -73
 Jun. 30 2023  0.21        0.22       0.24      Beat    10.9
 Mar. 31 2023  0.09        0.09       0.16      Beat    69.9​
 Dec. 31 2022  -0.21       0.13       -0.20     Missed  -250.6
 ​​Sep.        0.72        0.72       0.32      Missed  -55.8
 30 2022                                                
 Jun. 30 2022  0.93        0.94       0.72      Missed  -23.4​
 Mar. 31 2022  1.22        1.23       1.36      Beat    10.4
 Dec. 31 2021  0.80        0.80       0.76      Missed  -5.5
 This summary was machine generated March 8 at 21:53 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)