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QFIN News and Press, 360 Finance Inc. From 11/14/22

Stock Information

Company Name: 360 Finance Inc.
Stock Symbol: QFIN
Market: NASDAQ
Website: ir.360jinrong.net

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QFIN - 360 DigiTech Non-GAAP EPADS of $0.91 beats by $0.01, revenue of $582.6M misses by $10.9M

360 DigiTech press release ( NASDAQ: QFIN ): Q3 Non-GAAP EPADS of $0.91 beats by $0.01 . Revenue of $582.6M (-18.6% Y/Y) misses by $10.9M . As of September 30, 2022, our platform has connected 141 financial institutional partners and 203.5 million consumers wit...

QFIN - 360 DigiTech Announces Third Quarter 2022 Unaudited Financial Results, Declares Quarterly Dividend and Announces Director Change

SHANGHAI, China, Nov. 13, 2022 (GLOBE NEWSWIRE) -- 360 DigiTech, Inc. (QFIN) (“360 DigiTech” or the “Company”), a leading Credit-Tech platform in China, today announced its unaudited financial results for the third quarter ended September 30, 2022, declared quart...

QFIN - 360 DigiTech Q3 2022 Earnings Preview

360 DigiTech ( NASDAQ: QFIN ) is scheduled to announce Q3 earnings results on Monday, November 14th, before market open. The consensus EPS Estimate is $0.90 (-40.8% Y/Y) and the consensus Revenue Estimate is $593.5M (-17.1% Y/Y). Over the last 2 years, QFIN has beate...

QFIN - 360 DigiTech to Announce Third Quarter 2022 Unaudited Financial Results on November 14, 2022

SHANGHAI, China, Nov. 08, 2022 (GLOBE NEWSWIRE) -- 360 DigiTech, Inc. (NASDAQ: QFIN) ("360 DigiTech" or the "Company"), a leading financial technology platform in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2022, befor...

QFIN - Lufax: Net-Net Financial Leader Aligned With China Strategy

Summary Lufax is aligned with the new China 5-year plan strategy to grow GDP and the middle class. Lufax balance sheet and quality asset portfolio are able to withstand China's macro pressures and COVID lockdowns. Lufax can execute on near-term catalysts by leveraging its larg...

QFIN - 360 DigiTech: Favorable Risk Reward At Current Price

Summary The prolonged regulatory overhang on Chinese online lender is likely approaching the last inning. Improving credit quality and lower funding cost will mitigate impact on lower APR. 360 DigiTech performed better in credit underwriting compared to its competitors. Fa...

QFIN - Credit, Anyone? China's Online Loan Platforms Get Stuck As Quality Borrowers Dwindle

Summary Three online loan facilitators reported second-quarter profit declines of varying degrees, as China’s slowing economy forced them to prioritize risk management over revenue growth. FinVolution’s revenue growth slowed to about 12% in the second quarter from 16...

QFIN - Chinese fintech stocks gain ground after tentative U.S.-China auditing deal

Many U.S.-listed Chinese fintech stocks are climbing Friday after U.S. and Chinese authorities reached a preliminary agreement that will allow U.S. auditors access to New York-listed Chinese firms. The Public Company Accounting Oversight Board, or PCAOB, sees the pact as a "firs...

QFIN - 360 Finance Inc (QFIN) Q2 2022 Earnings Call Transcript

Image source: The Motley Fool. 360 Finance Inc (NASDAQ: QFIN) Q2 2022 Earnings Call Aug 18, 2022 , 8:30 p.m. ET Operator Continue reading For further details see: 360 Finance Inc (QFIN) Q2 2022 Earnings Call Transcript

QFIN - 360 DigiTech reports Q2 earnings; reaffirms FY22 loan facilitation & origination volume guidance

360 DigiTech press release ( NASDAQ: QFIN ): Q2 Non-GAAP EPADS of $0.96. Revenue of $624.5M (+0.8% Y/Y). Operating margin was 24.2%. Non-GAAP operating margin was 25.3%. Net income margin was 23.3%. Non-GAAP net income margin was 24.4%. 90 day+ delinquency rate...

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