Qudian Inc. Reports First Quarter 2018 Unaudited Financial Results

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Go back to Qudian Inc. Reports First Quarter 2018 Unaudited Financial Results

Qudian (QD) PT Lowered to $13 at Needham & Company

May 21, 2018 4:09 PM EDT

Needham & 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 EDT

Qudian (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