Jefferies Downgrades Lufax Holding to Hold, Price Target Is $3.20
Lufax Holding Analyst Ratings
Jefferies Downgrades Lufax(LU.US) to Hold Rating, Cuts Target Price to $3.2
J.P. Morgan Maintains Lufax(LU.US) With Sell Rating, Raises Target Price to $2.2
Lufax Holding Ltd (LU) Q3 2024 Earnings Call Highlights: Navigating Challenges With Strategic Growth
Express News | Lufax Holding Ltd : JP Morgan Raises Target Price to $2.2 From $1.9
Lufax Holding Third Quarter 2024 Earnings: EPS: CN¥0.16 (Vs CN¥0.16 in 3Q 2023)
Lufax Holding Ltd (NYSE:LU) Shares Fly 33% But Investors Aren't Buying For Growth
BofA Securities Maintains Lufax(LU.US) With Hold Rating, Raises Target Price to $3.18
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Lufax Holding Q3 24 Earnings Conference Call At 9:00 PM ET
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Lufax Holding Shares Are Trading Lower After the Company Reported Worse-than-expected Q3 Revenue Results.
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Interpreting the third quarter report of lufax (NYSE:LU/06623.HK): actively contracting, seizing opportunities in crisis, the initial effects of reform are beginning to show.
On October 21st, in pre-market trading, lufax, a leading domestic financial service provider for small and micro business owners, announced its third quarter 2024 performance report. The financial data in the report shows that in the third quarter of this year, lufax's total revenue was 5.54 billion yuan (RMB, the same below), a 31.2% year-on-year decline, and the net income also went from a profit of 0.131 billion yuan in the same period last year to a loss of 0.725 billion yuan. It has to be said that for lufax holding, achieving such performance has raised many investors' doubts. After all, the company's loan asset quality indicators have been continuously improving, lufax holding should theoretically achieve even more impressive results.
Lufax | 6-K: Report of foreign private issuer (related to financial reporting)
lufax prioritizes quality in the third quarter, continuing to operate prudently.
In the third quarter, lufax's loan balance is approximately 213.1 billion yuan, serving approximately 24.8 million customers in total, a 24.1% year-on-year increase. In the third quarter, new loans amounted to approximately 50.5 billion.