Qifu Technology Inc reports results for the quarter ended September 30 - Earnings Summary

• Qifu Technology Inc QFIN.OQ reported quarterly adjusted earnings of CNY12.35​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of CNY7.20. The lone analyst forecast for the quarter was for earnings of CNY10.01 per share.

• Revenue rose 2.1% to CNY4.37 billion from a year ago; analysts expected CNY4.16 billion.

• Qifu Technology Inc's reported EPS for the quarter was CNY12.18​.

• The company reported quarterly net income of CNY1.8 billion.

• Qifu Technology Inc shares had risen by 8.3% this quarter and gained 104.0% so far this year.

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 13 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the consumer lending peer group is also "buy"

Wall Street's median 12-month price target for Qifu Technology Inc is $30.00

This summary was machine generated from LSEG data November 19 at 11:37 p.m. UTC. ​All figures in Chinese yuan renminbi 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)