Reported Late Wednesday, FinVolution Gr Q1 EPS $0.29 Down From $0.36 YoY, Sales $438.36M Down From $444.21M YoY
Portfolio Pulse from Benzinga Newsdesk
FinVolution Group (NYSE:FINV) reported a decrease in Q1 earnings per share (EPS) to $0.29 from $0.36 year-over-year, and a slight decline in sales to $438.36 million from $444.21 million.
May 16, 2024 | 7:18 am
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FinVolution Group reported a 19.44% decrease in Q1 EPS to $0.29 and a 1.32% decrease in sales to $438.36 million year-over-year.
The significant drop in EPS and slight decline in sales are likely to negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
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