FANHUA Q4 Total Revenues $85.0M, Down 21.4% YoY, Adj. EPADS $(0.07)
Portfolio Pulse from Benzinga Newsdesk
Fanhua Inc. reported its Q4 total revenues at $85.0M, marking a 21.4% decrease compared to the same period last year. The company also reported an adjusted earnings per ADS of $(0.07).
March 20, 2024 | 12:52 pm
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NEGATIVE IMPACT
Fanhua Inc. experienced a significant decrease in Q4 revenues by 21.4% YoY, with adjusted earnings per ADS at $(0.07).
The reported decrease in revenues and negative adjusted earnings per ADS indicate a challenging quarter for Fanhua Inc., which could lead to negative investor sentiment and potentially impact the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100