* UP Fintech Holding Ltd reported quarterly adjusted earnings of 12 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 10 cents. The mean expectation of two analysts for the quarter was for earnings of 13 cents per share.
* Revenue rose 44.1% to $101.05 million from a year ago; analysts expected $98.00 million.
* The company reported quarterly net income of $17.75 million.
* UP Fintech Holding Ltd shares had risen by 22.6% this quarter and gained 48.1% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 116.7% 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 "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and 2 "sell" or "strong sell."
* The average consensus recommendation for the investment banking & brokerage services peer group is also "hold"
Wall Street's median 12-month price target for UP Fintech Holding Ltd is 6.80 This summary was machine generated from LSEG data November 12 at 03:24 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
Sep. 30 2024 0.13 0.12 Missed
0.03
0.09
0.01
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