Investing.com - Yirendai Ltd (NYSE:YRD) reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Yirendai Ltd announced earnings per share of ¥-2.5 on revenue of ¥754.69M. Analysts polled by Investing.com anticipated EPS of ¥1.15 on revenue of ¥1.9B.
Yirendai Ltd shares are down 36.4% from the beginning of the year, still down 64.56% from its 52 week high of ¥9.96 set on August 30, 2019. They are under-performing the EUR/USD which is down 0% from the start of the year.
Yirendai Ltd follows other major Technology sector earnings this month
Yirendai Ltd's report follows an earnings beat by Apple on July 30, who reported EPS of ¥2.58 on revenue of ¥59.69B, compared to forecasts EPS of ¥2.05 on revenue of ¥52.29B.
Alphabet C had beat expectations on July 30 with second quarter EPS of ¥10.13 on revenue of ¥38.3B, compared to forecast for EPS of ¥7.95 on revenue of ¥37.33B.
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