360 Finance, Inc. (NASDAQ:QFIN) is expected to report third quarter earnings results, after market close, on Thursday 19th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.85 per share from revenue of $ 604.73 million.
Looking ahead, the full year income are expected at $ 2.69 per share on the revenues of $ 1889.61 million.
Previous Quarter Performance
360 Finance, Inc. announced income for the second quarter of $ 0.82 per share, from the revenue of $ 472.75 million. The consensus estimates are income of $ 0.75 per share from $ 290.52 million in revenue. The bottom line results beat street analysts by $ 0.07 or 9.33 percent, at the same time, top line results outshined analysts by $ 182.23 million or 62.73 percent.
Stock Performance
Shares of 360 Finance, Inc. traded low $ -0.27 or -2.16 percent on Wednesday, reaching $ 12.23 with volume of 517.20 thousand shares. 360 Finance, Inc. has traded high as $ 12.70 and has cracked $ 12.21 on the downward trend
According to the previous trading day, closing price of $ 12.23, representing a 96.23 % increase from the 52 week low of $ 6.37 and a 30.79 % decrease over the 52 week high of $ 18.06.
The company has a market capital of $ 1.79 billion and is part of the Financial Services sector and Credit Services industry.
Conference Call
360 Finance, Inc. will be hosting a conference call at 8:00 PM eastern time on 19th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.360jie.com.cn
360 Finance, Inc. operates a digital consumer finance platform under the 360 Jietiao brand in the Peoples Republic of China. The company matches borrowers with funding sources; and offers incremental credit assessment, collection, and other services.
