Lufax Holding Ltd expected to post earnings of 3  cents a share - Earnings Preview

Lufax Holding

11/03/2023 24:55

* Lufax Holding Ltd  LU.N   LU  is expected to show a fall
in
quarterly revenue when it reports  results on March 12. 
    * The Shanghai-based  company is expected to report  a
23.3% decrease in revenue to $1.905 billion from $2.48 billion a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Lufax Holding Ltd
is for
earnings of 3 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 9
"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 $2.65​, above​ its last closing price of $1.90. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.18        0.18       0.08      Missed  -55.8
 Jun. 30 2022  0.23        0.24       0.18      Missed  -23.4
 Mar. 31 2022  0.31        0.31       0.34      Beat    10.4​
 Dec. 31 2021  0.20        0.20       0.19      Missed  -5.5
 ​​Sep.        0.25        0.24       0.26      Beat    8.1
 30 2021                                                
 Jun. 30 2021  0.24        0.24       0.29      Beat    23.3​
 Mar. 31 2021  0.28        0.27       0.30      Beat    9.4
 Dec. 31 2020  0.15        0.15       0.19      Beat    24.1
 This summary was machine generated March 11 at 00:55 GMT.  All
figures in US dollars  unless otherwise stated