X Financial (NYSE:XYF) is reporting third quarter earnings results on Wednesday 2nd December 2020, before market open.
Previous Quarter Performance
X Financial unwinded loss for the second quarter of $ 0.29 per share, from the revenue of $ 54.90 million. Wall street analysts are predicting, income of $ 0.10 per share. The bottom line results missed street analysts by $ 0.39 or 390 percent.
Stock Performance
Shares of X Financial traded low $ -0.05 or -2.00 percent on Tuesday, reaching $ 2.45 with volume of 52.70 thousand shares. X Financial has traded high as $ 2.56 and has cracked $ 2.32 on the downward trend
According to the previous trading day, closing price of $ 2.45, representing a 77.30 % increase from the 52 week low of $ 1.41 and a 56.6 % decrease over the 52 week high of $ 5.76.
The company has a market capital of $ 131.08 million and is part of the Financial Services sector and Credit Services industry.
Conference Call
X Financial will be hosting a conference call at 7:00 AM eastern time on 2nd December 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 1-888-346-8982 U.S. or 1-412-902-4272 (International), when prompted, enter passcode X Financial in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.xiaoyinggroup.com
X Financial provides personal finance services in the Peoples Republic of China. The company offers a suite of products connecting borrowers and investors through a proprietary Internet platform. It provides Xiaoying Credit loan, which includes Xiaoying card loan, a credit card balance transfer product; and Xiaoying preferred loan, a high-credit-limit unsecured loan product.
