Preview: LexinFintech Holdings's Earnings

On Tuesday, August 18, LexinFintech Holdings LX will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Earnings and Revenue

Analysts covering LexinFintech Holdings modeled for quarterly EPS of $0.33 on revenue of $362.99 million. In the same quarter last year, LexinFintech Holdings reported EPS of $0.54 on revenue of $363.14 million. If the company were to match the consensus estimate when it reports Tuesday, earnings per share would be down 38.89%. Revenue would be down 0.04% from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

Stock Performance

Shares of LexinFintech Holdings were trading at $8.43 as of August 18. Over the last 52-week period, shares are down 17.7%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. LexinFintech Holdings is scheduled to hold the call at 07:00:00 ET and can be accessed here: https://apac.directeventreg.com/der/toRegistration.action