Lufax Holding Reports Lower-than-Expected Q4 Results and Reveals Future Projections

Thursday, 21 March 2024, 08:44

Lufax Holding's Q4 financial results show a GAAP EPADS of -$0.21, missing estimates by $0.16. The total income of $965.76M is down by 44.3% year-over-year, falling short by $94.24M. The company also initiates its business outlook for the full year of 2024.
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Lufax Holding Reports Lower-than-Expected Q4 Results and Reveals Future Projections

Lufax Holding Financial Results

Lufax Holding recently released their Q4 financial results, revealing a GAAP EPADS of -$0.21, missing expectations by $0.16. The total income stood at $965.76M, showing a 44.3% decrease compared to the previous year and missing estimates by $94.24M.

Business Outlook

Looking ahead, Lufax Holding has laid out its business outlook for the fiscal year 2024, showcasing its plans and expectations for the future.


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.


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