Investing.com - Qudian (NYSE:QD) Inc reported on Monday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Qudian Inc announced earnings per share of -0.37 on revenue of 347.37M. Analysts polled by Investing.com anticipated EPS of 1.1 on revenue of 356.3M.
Qudian Inc shares are up 1.45% from the beginning of the year, still down 63.35% 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 shares lost 10.71% in pre-market trade following the report.
Qudian Inc follows other major Financial sector earnings this month
Qudian Inc's report follows an earnings beat by Mitsubishi UFJ Financial ADR on November 15, who reported EPS of 0.2708 on revenue of 12.7B, compared to forecasts EPS of 0.1877 on revenue of 8.66B.
Tokio Marine Holdings Inc had beat expectations on November 19 with second quarter EPS of 1.4 on revenue of 12.56B, compared to forecast for EPS of 0.9549 on revenue of 11.85B.
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