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Shares of Qudian (NYSE:QD) fell 3.7% in pre-market trading after the company reported Q1 results.
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Quarterly Results
Earnings per share were up 156.00% year over year to $0.28, which missed the estimate of $0.29.
Revenue of $78,712,000 declined by 41.81% from the same period last year, which missed the estimate of $95,890,000.
Outlook
Earnings guidance hasn't been issued by the company for now.
Qudian hasn't issued any revenue guidance for the time being.
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Conference Call Details
Date: Jun 15, 2021
Time: 07:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/sroi4kuk
Price Action
52-week high: $3.82
52-week low: $1.17
Price action over last quarter: Up 4.44%
Company Description
Qudian Inc is a provider of online credit products using data-enabled technologies, such as artificial intelligence and machine learning in China. The company has two reportable segments namely Installment credit services and E-commerce sales services. It generates maximum revenue from the Installment credit services segment. The company derives the majority revenue from the China region. It offers cash credit products, which provide funds in digital form, and merchandise credit products.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.