360 DigiTech Inc reports results for the quarter ended in June - Earnings Summary

Qfin Holdings

19/08/2022 02:48

* 360 DigiTech Inc  QFIN.OQ  reported quarterly adjusted
earnings
of CNY6.42​​ per share for the quarter ended in June. The lone
analyst forecast for the quarter was for earnings of CNY6.63 per
share.
    * Revenue rose 4.5% to CNY4.18 billion from a year ago;
analysts
expected CNY4.01 billion. 
    * 360 DigiTech Inc's reported EPS for the quarter was
CNY6.12​.
    * The mean earnings estimate of analysts had fallen by
about 8.9%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * 360 DigiTech Inc shares had fallen by 15.7% this
quarter and
lost 36.4% so far this year.
    * The company reported quarterly net income of CNY979.84
million.
    * Wall Street's median 12-month price target for 360
DigiTech Inc
is $20.50 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 9 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 19
at 01:48 a.m.  ​All figures in Chinese yuan renminbi unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      6.63           6.42           Missed
 Mar. 31 2022      7.29           7.68           Beat
 Dec. 31 2021      6.97           8.58           Beat
 Sep. 30 2021      8.57           10.17          Beat