Lufax Holding Ltd expected to post earnings of 5  cents a share - Earnings Preview

Lufax Holding

01/08/2023 03:08

* Lufax Holding Ltd  LU.N   LU  is expected to show a fall
in
quarterly revenue when it reports  results on August 2
(estimated). 
    * The Shanghai-based  company is expected to report  a
36.2% decrease in revenue to $1.455 billion from $2.28 billion a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Lufax Holding Ltd
is for
earnings of 5 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 9
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 42.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Lufax
Holding Ltd
is $1.85​, above​ its last closing price of $1.78. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.02        0.02       0.04      Beat    69.9
 Dec. 31 2023  -0.05       0.03       -0.05     Missed  -250.6
 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.        0.31        0.31       0.34      Beat    10.4
 31 2022                                                
 Dec. 31 2021  0.20        0.20       0.19      Missed  -5.5​
 Sep. 30 2021  0.25        0.24       0.26      Beat    8.1
 Jun. 30 2021  0.24        0.24       0.29      Beat    23.3
 This summary was machine generated August 1 at 02:07 GMT.  All
figures in US dollars  unless otherwise stated