Qifu Technology Third Quarter 2024 Earnings: EPS: CN¥12.41 (vs CN¥7.12 in 3Q 2023)

Simply Wall St.11-21

Qifu Technology (NASDAQ:QFIN) Third Quarter 2024 Results Key Financial Results Revenue: CN¥4.37b (up 2.1% from 3Q 2023). Net income: CN¥1.80b (up 58% from 3Q 2023). Profit margin: 41% (up from 27% in...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2485461641?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/5Vpve0Pc2F3m_L3fs2p_dQ--~B/aD02MzY7dz05NDU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/simply_wall_st__316/78a8c60a6283aea0450523395306d38c","is_english":true,"pubTime":"2024-11-21 18:50","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2485461641","market":"us","top_or_hot":-1,"title":"Qifu Technology Third Quarter 2024 Earnings: EPS: CN¥12.41 (vs CN¥7.12 in 3Q 2023)","media":"Simply Wall St.","content":"<div>\n<p>Qifu Technology (NASDAQ:QFIN) Third Quarter 2024 Results\nKey Financial Results\n\nRevenue: CN¥4.37b (up 2.1% from 3Q 2023).\nNet income: CN¥1.80b (up 58% from 3Q 2023).\nProfit margin: 41% (up from 27% in...</p>\n\n<a href=\"https://finance.yahoo.com/news/qifu-technology-third-quarter-2024-105000544.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Qifu Technology Third Quarter 2024 Earnings: EPS: CN¥12.41 (vs CN¥7.12 in 3Q 2023)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nQifu Technology Third Quarter 2024 Earnings: EPS: CN¥12.41 (vs CN¥7.12 in 3Q 2023)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-21 18:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/qifu-technology-third-quarter-2024-105000544.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Qifu Technology (NASDAQ:QFIN) Third Quarter 2024 Results\nKey Financial Results\n\nRevenue: CN¥4.37b (up 2.1% from 3Q 2023).\nNet income: CN¥1.80b (up 58% from 3Q 2023).\nProfit margin: 41% (up from 27% in...</p>\n\n<a href=\"https://finance.yahoo.com/news/qifu-technology-third-quarter-2024-105000544.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QFIN","symbol_name":"奇富科技","start_time":0,"source_url":"https://finance.yahoo.com/news/qifu-technology-third-quarter-2024-105000544.html","article_id":"2485461641","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/5Vpve0Pc2F3m_L3fs2p_dQ--~B/aD02MzY7dz05NDU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/simply_wall_st__316/78a8c60a6283aea0450523395306d38c"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485461641","pubTimestamp":1732186200,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Profit margin: 41% . The increase in margin was primarily driven by lower expenses.NasdaqGS:QFIN Earnings and Revenue Growth November 21st 2024. All figures shown in the chart above are for the trailing 12 month  period. Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Consumer Finance industry in the US.The company's shares are up 16% from a week ago.It's still necessary to consider the ever-present spectre of investment risk.   We've identified 1 warning sign  with Qifu Technology, and understanding it should be part of your investment process.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"QFIN":"奇富科技","CN":"Xtrackers MSCI All China Equity ETF"},"translate_title":"奇富科技2024年第三季度收益：每股收益：人民币12.41元（2023年第三季度为人民币7.12元）","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CN":1,"QFIN":1},"content_text":"Qifu Technology (NASDAQ:QFIN) Third Quarter 2024 Results\nKey Financial Results\n\nRevenue: CN¥4.37b (up 2.1% from 3Q 2023).\nNet income: CN¥1.80b (up 58% from 3Q 2023).\nProfit margin: 41% (up from 27% in 3Q 2023). The increase in margin was primarily driven by lower expenses.\nEPS: CN¥12.41 (up from CN¥7.12 in 3Q 2023).\n\n\n\n\n  NasdaqGS:QFIN Earnings and Revenue Growth November 21st 2024\n \n\nAll figures shown in the chart above are for the trailing 12 month (TTM) period\nQifu Technology Earnings Insights\n Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Consumer Finance industry in the US. \nPerformance of the American Consumer Finance industry.\n The company's shares are up 16% from a week ago. \nRisk Analysis\n It's still necessary to consider the ever-present spectre of investment risk.   We've identified 1 warning sign  with Qifu Technology, and understanding it should be part of your investment process. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2485461641"}