Qifu Technology (QFIN) Expected to Announce Earnings on Monday

Qifu Technology (NASDAQ:QFIN - Get Free Report) is anticipated to release its Q1 2025 earnings data after the market closes on Monday, May 19th. Analysts expect Qifu Technology to post earnings of $1.72 per share and revenue of $4.61 billion for the quarter.

Qifu Technology (NASDAQ:QFIN - Get Free Report) last issued its quarterly earnings results on Sunday, March 16th. The company reported $1.82 EPS for the quarter, topping analysts' consensus estimates of $1.68 by $0.14. The firm had revenue of $613.89 million for the quarter, compared to analyst estimates of $581.67 million. Qifu Technology had a net margin of 31.82% and a return on equity of 24.39%. On average, analysts expect Qifu Technology to post $6 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Qifu Technology Price Performance

Shares of NASDAQ:QFIN opened at $42.56 on Monday. The company's fifty day moving average price is $41.21 and its 200-day moving average price is $38.98. The firm has a market capitalization of $6.71 billion, a price-to-earnings ratio of 8.62, a PEG ratio of 0.32 and a beta of 0.53. Qifu Technology has a one year low of $18.13 and a one year high of $48.94.

Qifu Technology Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Monday, June 2nd. Stockholders of record on Wednesday, April 23rd will be issued a $0.70 dividend. This is a positive change from Qifu Technology's previous semi-annual dividend of $0.60. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a dividend yield of 2.5%. Qifu Technology's dividend payout ratio is presently 23.79%.

Analyst Ratings Changes

Separately, Bank of America increased their price target on shares of Qifu Technology from $50.66 to $52.70 and gave the stock a "buy" rating in a report on Wednesday, March 26th.

About Qifu Technology

Qifu Technology, Inc, through its subsidiaries, operates credit-tech platform under the 360 Jietiao brand in the People's Republic of China. It provides credit-driven services that matches borrowers with financial institutions to conduct customer acquisition, initial and credit screening, advanced risk assessment, credit assessment, fund matching, and other post-facilitation services; and platform services, including loan facilitation and post-facilitation services to financial institution partners under intelligence credit engine, referral services, and risk management software-as-a-service.

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