X Financial shares are trading lower after the company reported a year-over-year decrease in Q4 adjusted earnings per ADS.
Portfolio Pulse from Benzinga Newsdesk
X Financial's stock price has declined following the announcement of a year-over-year decrease in its Q4 adjusted earnings per ADS.
March 27, 2024 | 4:48 pm
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X Financial's shares are trading lower due to a reported decrease in Q4 adjusted earnings per ADS compared to the previous year.
The decrease in Q4 adjusted earnings per ADS is a critical financial metric that investors use to gauge a company's profitability and future prospects. A year-over-year decline in this metric can lead to negative investor sentiment and a decrease in stock price, as it may indicate operational challenges or decreased financial performance.
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