Qudian Inc. Reports First Quarter 2019 Unaudited Financial Results

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Go back to Qudian Inc. Reports First Quarter 2019 Unaudited Financial Results

Qudian (QD) Tops Q1 EPS by 15c, Revenues Beat

May 20, 2019 5:46 AM EDT

Qudian (NYSE: QD) reported Q1 EPS of $0.49, $0.15 better than the analyst estimate of $0.34. Revenue for the quarter came in at $312.4 million versus the consensus estimate of $267.33 million.

Total revenues increased by 22.2% year-on-year to RMB2,096.9 million (US$312.4 million)Loan facilitation income and others substantially increased year-on-year to RMB644.4 million (US$96.0 million) from RMB277.6 million for the same period last yearReferral service fee, which relates to traffic referral service and transaction referral service provided by our open platform, substantially increased to RMB158.7 million (US$23.7 million) from nil for the same period last... More