Investing.com - Qudian Inc reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Qudian Inc announced earnings per share of ¥-2.640 on revenue of ¥110.16M. Analysts polled by Investing.com anticipated EPS of ¥0.828 on revenue of ¥243.96M.
Qudian Inc shares are down 16.93% from the beginning of the year and are trading at ¥0.805 , down-from-52-week-high.
Qudian Inc shares lost 4.91% in intra-day trade the report.
Qudian Inc follows other major Financial sector earnings this month
Qudian Inc's report follows an earnings missed by Berkshire Hathaway A on Saturday, November 5, 2022, who reported EPS of ¥-1,832 on revenue of ¥76.9B, compared to forecasts EPS of ¥4,518.39 on revenue of ¥74.9B.
S&P Global had beat expectations on Thursday, October 27, 2022 with third quarter EPS of ¥2.93 on revenue of ¥2.86B, compared to forecast for EPS of ¥2.81 on revenue of ¥2.93B.
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