CNFinance Holdings Limited (NYSE: CNF) has announced that it will be releasing its financial results for the second quarter of 2024 on Tuesday 27th August 2024. The report will be made available before market open, allowing investors and analysts to evaluate the company’s performance during this period.
Based on the predictions of financial experts on Wall Street, the business is expected to reveal an anticipated $0.01 profit per share for the quarter. Additionally, the firm is poised to disclose a total revenue of $68.92 million for the quarter.
The company’s full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $281.32 million. Additionally, the earnings per share for the company are also anticipated to reach profit of $0.03 over the course of the fiscal year.
Looking back at the corresponding quarter from the previous year, the company’s earnings report revealed a per-share income of $0.08. This notable figure was attributed to the company’s total revenue, which settled at an impressive $56.13 million during that specific quarter.
CNF has scheduled a conference call on 27th August 2024 at 08:00 AM eastern time to discuss the second quarter financial results and other related information.
Throughout Friday’s trading, CNFinance Holdings Limited (CNF) shares fluctuated between $0.91 and $0.99, with a trading volume of 15.50 thousand shares. The stock ended the regular trading session at $0.98, demonstrating an advance of 4.26 percent.