Lufax Holding Reports Lower-than-Expected Financial Performance and Future Outlook for FY24
Thursday, 21 March 2024, 08:44
Lufax Holding Financial Update
Lufax Holding recently released their financial results, which showed a significant miss in both GAAP EPS and total income figures. The Q4 report indicates a decline compared to the previous year, raising concerns among investors.
Key Highlights:
- Q4 GAAP EPS: -$0.21 missed estimates by $0.16
- Total Income: $965.76M, down 44.3% YoY, missing by $94.24M
The company has set its business outlook for fiscal year 2024 to address these challenges and provide a path forward for recovery and growth.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.