Recap: Lufax Holding Q1 Earnings
Portfolio Pulse from Benzinga Insights
Lufax Holding (NYSE:LU) reported Q1 earnings with an EPS of $0.04, beating estimates by 100.0%. However, revenue was down $1.26 billion compared to the same period last year.
May 22, 2023 | 8:40 pm
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Lufax Holding's Q1 earnings beat estimates with an EPS of $0.04, but revenue was down $1.26 billion compared to the same period last year.
Lufax Holding's Q1 earnings beat estimates, which could have a positive impact on the stock price. However, the decline in revenue compared to the same period last year may offset the positive sentiment, resulting in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100