X Financial Q1 Adjusted Earnings Per ADS $0.91 Up From $0.43 YoY, Sales $146.33M Up From $140.13M YoY
Portfolio Pulse from Benzinga Newsdesk
X Financial reported Q1 adjusted earnings per ADS of $0.91, up 112.09% YoY, and sales of $146.33M, up 4.42% YoY.
May 24, 2023 | 8:56 pm
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X Financial's Q1 earnings per ADS increased 112.09% YoY to $0.91, and sales rose 4.42% YoY to $146.33M.
X Financial's strong Q1 results, with a significant increase in earnings per ADS and a moderate increase in sales, are likely to have a positive short-term impact on the stock price. The YoY growth in both earnings and sales demonstrates the company's ability to improve its financial performance, which is an important factor for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100