UP Fintech Holding Ltd reports results for the quarter ended in December - Earnings Summary

Reuters03-20

* UP Fintech Holding Ltd reported a quarterly adjusted loss of 1 cent​​ per share for the quarter ended in December. The mean expectation of two analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 6 cents to 8 cents per share.

* Revenue rose 9.6% to $69.98 million from a year ago.

* UP Fintech Holding Ltd's reported EPS for the quarter was a loss of 1 cent​.

* The company reported a quarterly loss of $1.84 million.

* UP Fintech Holding Ltd shares had risen by 1.1% this quarter.

FORECAST CHANGES

* The mean earnings estimate of analysts was unchanged in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "hold" and 1 "sell" or "strong sell."

* The average consensus recommendation for the investment banking & brokerage services peer group is also "buy"

Wall Street's median 12-month price target for UP Fintech Holding Ltd is $6.20 This summary was machine generated from LSEG data March 20 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Dec. 31 2023 0.07 -0.01 Missed

Sep. 30 2023 0.04 0.08 Beat

Jun. 30 2023 0.04 0.08 Beat

Mar. 31 2023 0.03 0.05 Beat

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