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

Qfin Holdings

25/05/2022 24:15

* 360 DigiTech Inc  QFIN.OQ  reported quarterly adjusted
earnings
of CNY7.68​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for earnings of CNY7.29 per
share.
    * Revenue rose 20% to CNY4.32 billion from a year ago; 
analysts
expected CNY4.40 billion. 
    * 360 DigiTech Inc's reported EPS for the quarter was
CNY7.36​.
    * The mean earnings estimate of analysts had fallen by
about 3.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * 360 DigiTech Inc shares had fallen by 9.9% this
quarter and
lost 39.5% so far this year.
    * The company reported quarterly net income of CNY1.18
billion.
    * Wall Street's median 12-month price target for 360
DigiTech Inc
is $26.78 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 8 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated May 24 at 11:15 p.m.  ​All
figures in Chinese yuan renminbi unless otherwise stated