Investing.com - Qudian Inc reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Qudian Inc announced earnings per share of -0.25 on revenue of 105.45M. Analysts polled by Investing.com anticipated EPS of 0.8281 on revenue of 282.17M.
Qudian Inc shares are down 6% from the beginning of the year and are trading at 0.911 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Qudian Inc shares lost 2.74% in intra-day trade after the report.
Qudian Inc follows other major Financial sector earnings this month
Qudian Inc's report follows an earnings missed by China Construction Bank Corp on Monday, August 29, 2022, who reported EPS of 0.8407 on revenue of 27.56B, compared to forecasts EPS of 0.8413 on revenue of 27.58B.
RBC had missed expectations on Wednesday, August 24, 2022 with third quarter EPS of 2.55 on revenue of 11.43B, compared to forecast for EPS of 2.66 on revenue of 11.77B.
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