Jiayin Group Inc. ($JFIN) 2Q20 Earnings Sneak Peek

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Jiayin Group Inc. (NASDAQ:JFIN) is expected to report second quarter earnings results, before market open, on Wednesday 2nd September 2020.

Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.09 per share.

Looking ahead, the full year income are expected at $ 0.80 per share on the revenues of $ 243.29 million.

Previous Quarter Performance

Jiayin Group Inc. unveiled income for the first quarter of $ 0.03 per share, from the revenue of $ 44.28 million. The consensus estimates are income of $ 0.14 per share from $ 49.45 million in revenue. The bottom line results missed street analysts by $ 0.11 or 78.57 percent, at the same time, top line results fell short of analysts by $ 5.17 million or 10.46 percent.

Stock Performance

Shares of Jiayin Group Inc. traded low $ -0.07 or -1.68 percent on Tuesday, reaching $ 4.03 with volume of 377.30 thousand shares. The stock opened positive for the day at $ 4.10, after closing the previous day trading at $ 4.10.

According to the previous trading day, closing price of $ 4.10, representing a 156.25 % increase from the 52 week low of $ 1.60 and a 86.33 % decrease over the 52 week high of $ 30.00.

The company has a market capital of $ 217.79 million and is part of the Technology sector and Internet Content & Information industry.

Conference Call

Jiayin Group Inc. will be hosting a conference call at 8:00 AM eastern time on 2nd September 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 edge.media-server.com/mmc/p/savm37jv

Jiayin Group Inc. operates as an online individual finance marketplace that connects individual investors and individual borrowers in China. It operates a secure and open platform that facilitates transparent, secure, and fast connections between investors and borrowers.