X Financial Q2 Adj Earnings Per ADS $1.03, Sales Increase 12.5% Y/Y To $188.9M
Portfolio Pulse from Benzinga Newsdesk
X Financial reported its Q2 adjusted earnings per ADS at $1.03, with a 12.5% year-over-year increase in sales, reaching $188.9 million.
August 21, 2024 | 8:55 pm
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POSITIVE IMPACT
X Financial's Q2 results show strong performance with adjusted earnings per ADS at $1.03 and a 12.5% increase in sales to $188.9 million, indicating positive growth.
The reported earnings per ADS of $1.03 and a significant 12.5% increase in sales suggest strong financial performance and growth for X Financial. This is likely to positively impact the stock price in the short term as investors react to the company's improved financial metrics.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100