CORRECTION: Qudian Q4 Adj. EPADS $(0.08) Down From $0.30 YoY, Sales $8.98M Down From $23.21M YoY
Portfolio Pulse from Benzinga Newsdesk
Qudian Inc. (NYSE:QD) experienced a significant decline in its financial performance for Q4, with adjusted earnings per share dropping to $(0.08) from $0.30 YoY and sales decreasing to $8.98M from $23.21M YoY.
March 18, 2024 | 10:46 am
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Qudian Inc. reported a significant decrease in Q4 earnings and sales, with EPS falling to $(0.08) from $0.30 YoY and sales dropping to $8.98M from $23.21M YoY.
The reported decrease in both earnings per share and sales for Qudian Inc. indicates a significant downturn in the company's financial health. This is likely to negatively impact investor sentiment and could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100