Lufax Holding Ltd reports results for the quarter ended in June - Earnings Summary

Lufax Holding

22/08/2023 24:22

* Lufax Holding Ltd  LU.N  reported quarterly adjusted
earnings of
6 cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of 5 cents per share.
    * Revenue fell 44% to $1.28 billion from a year ago;
analysts
expected $1.42 billion. 
    * Lufax Holding Ltd's reported EPS for the quarter was 6
cents​.
    * The mean earnings estimate of analysts had risen by
about 4.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Lufax Holding Ltd shares had fallen by 9.1% this
quarter and
lost 33.0% so far this year.
    * The company reported quarterly net income of $133.13
million.
    * Wall Street's median 12-month price target for Lufax
Holding Ltd
is $1.85 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 21 at 11:22 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.05           0.06           Beat
 Mar. 31 2023      0.02           0.04           Beat
 Dec. 31 2022      0.03           -0.05          Missed
 Sep. 30 2022      0.18           0.08           Missed