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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NEGATIVE IMPACT
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
RELEVANCE 100