Qudian Inc. Reports First Quarter 2018 Unaudited Financial Results
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Qudian (QD) PT Lowered to $13 at Needham & Company
May 21, 2018 4:09 PM EDTNeedham & Company lowered its price target on Qudian (NYSE: QD) to $13.00 (from $20.00) while maintaining a Buy rating.
Analyst Mayank Tandon commented, "QD reported solid Q1 results with the ramp of the auto financing business offsetting softness in its core cash credit business. QD... More
Qudian (QD) Misses Q1 EPS by 1c, Revenue Beats
May 21, 2018 6:21 AM EDTQudian (NYSE: QD) reported Q1 EPS of $0.16, $0.01 worse than the analyst estimate of $0.17. Revenue for the quarter came in at $273.7 million versus the consensus estimate of $214.58 million.
Outlook
For the full year of 2018, the Company currently expects:
Adjusted net income... More