360 Finance, Inc. (QFIN) Tops Q1 EPS by 101c ; Provides Outlook

360 Finance, Inc. (NASDAQ: QFIN) reported Q1 EPS of RMB13.53, RMB1.01 better than the analyst estimate of RMB12.52. Revenue for the quarter came in at RMB4.69 billion, versus RMB0 reported last year.

Business Outlook

As macro-economic uncertainties persist, the Company intends to maintain a prudent approach in its business planning for 2025. Management will continue to focus on enhancing efficiency of the Company’s operations. As such, for the second quarter of 2025, the Company expects to generate a net income between RMB1.65 billion and RMB1.75 billion and a non-GAAP net income*13 between RMB1.75 billion and RMB1.85 billion, representing a year-on-year growth between 24% and 31%. This outlook reflects the Company’s current and preliminary views, which is subject to material changes.

For earnings history and earnings-related data on 360 Finance, Inc. (QFIN) click here.

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