Investing.com - Qudian (NYSE:QD) Inc reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Qudian Inc announced earnings per share of 1.03 on revenue of 412.09M. Analysts polled by Investing.com anticipated EPS of 1.93 on revenue of 565.36M.
Qudian Inc shares are up 6.46% from the beginning of the year, still down 57.59% from its 52 week high of 3.82 set on February 16. They are under-performing the Nasdaq which is up 16.4% from the start of the year.
Qudian Inc shares gained 3.18% in intra-day trade following the report.
Qudian Inc follows other major Financial sector earnings this month
Qudian Inc's report follows an earnings beat by Berkshire Hathaway A on August 7, who reported EPS of 4404.65 on revenue of 69.16B, compared to forecasts EPS of 3767.72 on revenue of 64.86B.
Mastercard had beat expectations on July 29 with second quarter EPS of 1.95 on revenue of 4.53B, compared to forecast for EPS of 1.74 on revenue of 4.37B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar