In This Article:
Lufax Holding (NYSE:LU) Third Quarter 2024 Results
Key Financial Results
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Revenue: CN¥8.05b (flat on 3Q 2023).
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Net income: CN¥93.8m (flat on 3Q 2023).
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Profit margin: 1.2% (in line with 3Q 2023).
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EPS: CN¥0.16 (in line with 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Lufax Holding Earnings Insights
Looking ahead, revenue is expected to decline by 7.7% p.a. on average during the next 3 years, while revenues in the Consumer Finance industry in the US are expected to grow by 12%.
Performance of the American Consumer Finance industry.
The company's shares are down 12% from a week ago.
Risk Analysis
Don't forget that there may still be risks. For instance, we've identified 2 warning signs for Lufax Holding (1 is a bit concerning) you should be aware of.
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