Lufax Holding Q1 Sales $1.47B Miss $1.74B Estimate
Portfolio Pulse from Benzinga Newsdesk
Lufax Holding (NYSE:LU) reported Q1 sales of $1.47 billion, missing the analyst consensus estimate of $1.74 billion by 15.69% and marking a 46.30% decrease YoY.
May 22, 2023 | 8:37 pm
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Lufax Holding's Q1 sales missed estimates by 15.69% and decreased 46.30% YoY, potentially impacting its stock price.
Lufax Holding's Q1 sales missed the analyst consensus estimate by a significant margin of 15.69% and experienced a substantial YoY decrease of 46.30%. This negative financial performance is likely to have a short-term negative impact on the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100