Qudian Inc. Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results

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Qudian (QD) Reports In-Line Q4 EPS, Revenues Beat

March 29, 2021 5:57 AM EDT

Qudian (NYSE: QD) reported Q4 EPS of $0.39, in-line with the analyst estimate of $0.39. Revenue for the quarter came in at $109.4 million versus the consensus estimate of $96.34 million.

Fourth Quarter 2020 Financial Highlights:

Total revenues were RMB713.6 million (US$109.4 million), representing a decrease of 63.1% from the same period of last yearNet income increased by 427.0% year-on-year to RMB673.9 million (US$103.3 million), or RMB2.54 (US$0.39) per diluted... More