Investing.com - Qudian (NYSE:QD) Inc reported on Monday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Qudian Inc announced earnings per share of 2.54 on revenue of 713.64M. Analysts polled by Investing.com anticipated EPS of 2.56 on revenue of 740.29M.
Qudian Inc shares are up 54.35% from the beginning of the year, still down 44.24% from its 52 week high of 3.82 set on February 16. They are outperforming the EUR/USD which is down 0% from the start of the year.
Qudian Inc follows other major Financial sector earnings this month
Qudian Inc's report follows an earnings beat by Futu on March 16, who reported EPS of 4.03 on revenue of 1.19B, compared to forecasts EPS of 3.35 on revenue of 1.01B.
Upstart had beat expectations on March 17 with fourth quarter EPS of 0.0689 on revenue of 84.42M, compared to forecast for EPS of 0.0128 on revenue of 73.68M.
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