Qudian (QD) Set to Announce Earnings on Friday

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Qudian (NYSE:QD) is scheduled to be issuing its quarterly earnings data before the market opens on Friday, August 16th. Analysts expect the company to announce earnings of $0.53 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Qudian (NYSE:QD) last announced its quarterly earnings results on Monday, May 20th. The company reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.10. Qudian had a net margin of 38.69% and a return on equity of 28.87%. The company had revenue of $312.44 million during the quarter. On average, analysts expect Qudian to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of QD stock opened at $8.67 on Thursday. Qudian has a 12-month low of $4.00 and a 12-month high of $9.20. The firm has a market cap of $2.85 billion, a price-to-earnings ratio of 7.67 and a beta of 1.66. The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 0.05. The company has a fifty day moving average price of $8.37.

A number of equities analysts recently weighed in on the stock. China Renaissance Securities reaffirmed a “hold” rating and issued a $8.00 target price on shares of Qudian in a research note on Tuesday, May 14th. TheStreet raised shares of Qudian from a “d+” rating to a “c-” rating in a research note on Thursday, April 18th. ValuEngine lowered shares of Qudian from a “hold” rating to a “sell” rating in a research note on Thursday, August 1st. Finally, Zacks Investment Research raised shares of Qudian from a “hold” rating to a “strong-buy” rating and set a $10.00 target price for the company in a research note on Thursday, July 11th. One research analyst has rated the stock with a sell rating, five have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $13.60.

Qudian Company Profile

Qudian Inc provides online small consumer credit products in the People's Republic of China. It uses big data-enabled technologies, including artificial intelligence and machine learning to transform the consumer finance experience. The company offers small credit products, such as cash credit products; merchandise credit products to finance borrowers' direct purchase of merchandise offered on its marketplace on installment basis; and budget auto financing products.

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Earnings History for Qudian (NYSE:QD)

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