Investing.com - Lexinfintech reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Lexinfintech announced earnings per share of ¥1.05 on revenue of ¥2.96B. Analysts polled by Investing.com anticipated EPS of ¥2.57 on revenue of ¥2.53B.
Lexinfintech shares are down 36.29% from the beginning of the year, still down 47.73% from its 52 week high of ¥16.93 set on January 22. They are under-performing the Nasdaq which is up 23.89% from the start of the year.
Lexinfintech shares gained 2.43% in intra-day trade following the report.
Lexinfintech follows other major Financial sector earnings this month
Lexinfintech's report follows an earnings beat by Berkshire Hathaway on August 8, who reported EPS of ¥3424.31 on revenue of ¥76.84B, compared to forecasts EPS of ¥3182.06 on revenue of ¥96.93B.
Mastercard had beat expectations on July 30 with second quarter EPS of ¥1.36 on revenue of ¥3.34B, compared to forecast for EPS of ¥1.17 on revenue of ¥3.25B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar