Brokerages expect that X Financial (NYSE:XYF) will post $0.20 earnings per share for the current quarter, Zacks Investment Research reports. Zero analysts have made estimates for X Financial’s earnings. The business is scheduled to issue its next quarterly earnings results on Monday, January 1st.
According to Zacks, analysts expect that X Financial will report full year earnings of $0.82 per share for the current financial year. For the next fiscal year, analysts anticipate that the firm will report earnings of $0.91 per share. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that cover X Financial.
X Financial (NYSE:XYF) last issued its earnings results on Monday, November 19th. The company reported $0.18 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.07. The firm had revenue of $120.77 million during the quarter.
Several institutional investors have recently added to or reduced their stakes in the stock. Greenwoods Asset Management Ltd bought a new position in shares of X Financial in the third quarter valued at about $8,525,000. Morgan Stanley bought a new position in shares of X Financial in the third quarter valued at about $4,617,000. Dean Capital Investments Management LLC bought a new position in shares of X Financial in the third quarter valued at about $452,000. Citadel Advisors LLC bought a new position in shares of X Financial in the third quarter valued at about $332,000. Finally, Jane Street Group LLC bought a new position in shares of X Financial in the third quarter valued at about $146,000. 1.59% of the stock is owned by institutional investors and hedge funds.
Shares of NYSE:XYF traded down $0.34 on Friday, hitting $5.91. The stock had a trading volume of 1,259 shares, compared to its average volume of 34,573. X Financial has a twelve month low of $4.15 and a twelve month high of $20.30.
About X Financial
X Financial provides personal finance services in the People's Republic of China. The company offers a suite of products connecting borrowers and investors through a proprietary Internet platform. It provides loan products, which include Xiaoying card loan and Xiaoying preferred loan; and investment opportunities through wealth management platform, Xiaoying wealth management with insurance protection.
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