Qifu Technology's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Qifu Technology (NASDAQ:QFIN) is expected to release its quarterly earnings report on Thursday, 2023-11-16, with an estimated EPS of $0.88. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, Qifu's stock price has shown varied reactions to past earnings performances, with both increases and decreases in share price. Currently, shares are trading at $15.82, up 7.89% over the last 52 weeks. Positive long-term returns may indicate bullish sentiment among shareholders ahead of the earnings release.
November 15, 2023 | 3:00 pm
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NEUTRAL IMPACT
Qifu Technology is anticipated to report quarterly earnings with an EPS estimate of $0.88. Past earnings have led to mixed stock price reactions. Shares are currently up 7.89% YTD, indicating a positive trend.
The estimated EPS of $0.88 sets a benchmark for Qifu Technology's earnings report. While past performance shows a mixed reaction to earnings results, the overall positive yearly stock performance suggests a bullish sentiment. However, the actual impact will heavily depend on whether the earnings beat expectations and the future guidance provided. The score is neutral due to the unpredictability of market reactions to earnings reports.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100