Yiren Digital Q2 EPS $0.65 Down From $0.82 YoY, Sales $205.93M Up From $182.62M YoY
Portfolio Pulse from totan@benzinga.com
Yiren Digital reported a decrease in Q2 EPS to $0.65 from $0.82 YoY, while sales increased to $205.93M from $182.62M YoY.
August 20, 2024 | 9:19 am
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NEUTRAL IMPACT
Yiren Digital's Q2 earnings per share decreased by 21.53% to $0.65, while sales increased by 12.77% to $205.93 million compared to the same period last year.
The decrease in EPS suggests a decline in profitability, which could negatively impact investor sentiment. However, the increase in sales indicates growth in revenue, which may offset some concerns. Overall, the mixed results may lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100