X Financial Q4 Adj Earnings Per ADS $0.66 Down From $0.76 YoY, Sales $168.00M Up From $138.55M YoY
Portfolio Pulse from Benzinga Newsdesk
X Financial (NYSE:XYF) reported a decrease in Q4 adjusted earnings per ADS to $0.66 from $0.76 YoY, while sales increased to $168.00M from $138.55M YoY.
March 26, 2024 | 8:56 pm
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NEUTRAL IMPACT
X Financial reported a decrease in adjusted earnings per ADS but an increase in sales YoY for Q4.
The decrease in adjusted earnings per ADS could concern investors about profitability, while the increase in sales indicates growth. The mixed results make the short-term impact on the stock price uncertain, hence a neutral score.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100