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

Qfin Holdings

14/11/2022 14:32

* 360 DigiTech Inc  QFIN.OQ  reported quarterly adjusted
earnings
of CNY6.48​​ per share for the quarter ended in September. The
mean expectation of two analysts for the quarter was
for earnings of CNY6.39 per share.
    * Revenue fell 10.2% to CNY4.14 billion from a year ago;
analysts
expected CNY4.29 billion. 
    * 360 DigiTech Inc's reported EPS for the quarter was
CNY6.18​.
    * The mean earnings estimate of analysts had fallen by
about 8.2%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * 360 DigiTech Inc shares had risen by 13.7% this
quarter and
lost 36.4% so far this year.
    * The company reported quarterly net income of CNY992.84
million.
    * Wall Street's median 12-month price target for 360
DigiTech Inc
is $20.05 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 12 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
14 at 02:32 p.m.  ​All figures in Chinese yuan renminbi unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      6.39           6.48           Beat
 Jun. 30 2022      6.63           6.42           Missed
 Mar. 31 2022      7.29           7.68           Beat
 Dec. 31 2021      6.97           8.58           Beat