Lufax Holding Q2 2024 GAAP Earnings Per ADS $(0.19), Sales $822M Miss $839.48M Estimate
Portfolio Pulse from Benzinga Newsdesk
Lufax Holding reported Q2 2024 earnings per ADS of $(0.19), missing the sales estimate of $839.48M with actual sales of $822M.

August 21, 2024 | 10:05 pm
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Lufax Holding's Q2 2024 earnings per ADS were $(0.19), missing the sales estimate of $839.48M with actual sales of $822M.
The earnings report shows a miss on both earnings per ADS and sales estimates, which is likely to negatively impact the stock price in the short term as it indicates weaker than expected financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100