LexinFintech Holdings Ltd. (NASDAQ:LX) is set to announce second quarter earning results on Tuesday 18th August 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, LX to report 2Q20 income of $ 0.33 per share.
For the full year, analysts anticipate top line of $ 1897.68 million, while looking forward to income of $ 1.32 per share bottom line.
Previous Quarter Performance
LexinFintech Holdings Ltd. unwinded loss for the first quarter of $ 0.46 per share, from the revenue of $ 353.07 million. According to street consensus, LX was expected to report 1Q20 income of $ 0.09 per share from revenue of $ 294.87 million. The bottom line results missed street analysts by $ 0 or , at the same time, top line results outshined analysts by $ 58.20 million or 19.74 percent.
Historical Earnings Performance
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Stock Performance
The company has a market capital of $ 1.54 billion and is part of the Financial Services sector and Credit Services industry.
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Conference Call
LexinFintech Holdings Ltd. will be hosting a conference call at 7:00 AM eastern time on 18th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.fenqile.com
LexinFintech Holdings Ltd., through its subsidiaries, operates as an online consumer finance platform for young adults in the Peoples Republic of China. The company operates Fenqile.com, a retail and online consumer finance platform that offers installment purchase loans, personal installment loans, and other loan products, as well as provides online direct sales with installment payment terms. It also matches customer loans with diversified funding sources, including individual investors on its Juzi Licai online investment platform, third-party commercial banks, consumer finance companies, institutional funding partners in its direct lending programs, investors of its asset-backed securities, and other licensed financial institutions.
