Lufax Holding Q4 EPS $(0.21) Misses $(0.02) Estimate, Sales $965.76M Miss $1.05B Estimate
Portfolio Pulse from dijoy@benzinga.com
Lufax Holding (NYSE:LU) reported Q4 losses of $(0.21) per share, missing the $(0.02) estimate by 950%, and a 5% decrease from last year's $(0.20) per share. Sales were $965.76M, missing the $1.05B estimate by 8.02%, and a 45.93% decrease from last year's $1.79B.
March 21, 2024 | 10:06 am
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Lufax Holding reported significant misses in both EPS and sales for Q4, with a 950% miss on EPS estimates and an 8.02% miss on sales estimates.
The significant miss in both earnings per share and sales compared to analyst estimates, along with a year-over-year decrease in performance, is likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100