China Rapid Finance Limited Sponsored ADR (XRF) Posts Quarterly Earnings Results, Misses Expectations By $0.12 EPS

China Rapid Finance Limited Sponsored ADR (NYSE:XRF) issued its earnings results on Thursday. The company reported ($0.29) earnings per share for the quarter, missing the consensus estimate of ($0.17) by $0.12, Morningstar.com reports. The firm had revenue of $15.15 million for the quarter, compared to analyst estimates of $13.41 million.

Shares of China Rapid Finance Limited Sponsored ADR (NYSE:XRF) opened at 6.35 on Friday. The stock’s 50 day moving average is $7.48 and its 200 day moving average is $7.23. China Rapid Finance Limited Sponsored ADR has a 12 month low of $5.60 and a 12 month high of $8.38. The firm’s market capitalization is $413.30 million.

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Several analysts have recently weighed in on the stock. Morgan Stanley reiterated an “overweight” rating and set a $13.10 target price on shares of China Rapid Finance Limited Sponsored ADR in a research report on Tuesday, May 30th. Jefferies Group LLC assumed coverage on shares of China Rapid Finance Limited Sponsored ADR in a research report on Tuesday, May 30th. They set a “buy” rating and a $10.00 target price on the stock.

About China Rapid Finance Limited Sponsored ADR

China Rapid Finance Limited is a consumer lending company. The Company, through its subsidiaries, is principally engaged in providing a consumer lending marketplace for lenders and borrowers in the People’s Republic of China with predictive selection technology (PST), automated decisioning technology (ADT), and non-credit data analytic and risk-based pricing capabilities.