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

Lufax Holding

22/05/2023 22:43

* Lufax Holding Ltd  LU.N  reported quarterly adjusted
earnings of
4 cents​​ per share for the quarter ended in March. The mean
expectation of two analysts for the quarter was for earnings of
2 cents per share.
    * Revenue fell 46.3% to $1.47 billion from a year ago;
analysts
expected $1.74 billion. 
    * The mean earnings estimate of analysts had fallen by
about 74.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Lufax Holding Ltd shares had fallen by 22.5% this
quarter and
lost 18.6% so far this year.
    * The company reported quarterly net income of $97.85
million.
    * Wall Street's median 12-month price target for Lufax
Holding Ltd
is $2.10 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 10
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
22 at 09:43 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.02           0.04           Beat
 Dec. 31 2022      0.03           -0.05          Missed
 Sep. 30 2022      0.18           0.08           Missed
 Jun. 30 2022      0.24           0.18           Missed