China Rapid Finance Limited Sponsored ADR (NYSE:XRF) - Investment analysts at Jefferies Group cut their Q3 2017 earnings per share estimates for China Rapid Finance Limited Sponsored ADR in a research report issued on Thursday. Jefferies Group analyst J. Hecht now expects that the company will post earnings of ($0.11) per share for the quarter, down from their previous estimate of ($0.06). Jefferies Group has a “Buy” rating and a $10.00 price objective on the stock. Jefferies Group also issued estimates for China Rapid Finance Limited Sponsored ADR’s Q4 2017 earnings at $0.01 EPS, FY2017 earnings at ($1.38) EPS, Q2 2018 earnings at $0.31 EPS, Q4 2018 earnings at $0.28 EPS and FY2018 earnings at $1.00 EPS.
China Rapid Finance Limited Sponsored ADR (NYSE:XRF) last released its quarterly earnings results on Thursday, August 17th. The company reported ($0.29) EPS for the quarter, missing analysts’ consensus estimates of ($0.17) by $0.12. The company had revenue of $15.15 million during the quarter, compared to analyst estimates of $13.41 million.
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Separately, Morgan Stanley restated an “overweight” rating and issued a $13.10 price target on shares of China Rapid Finance Limited Sponsored ADR in a research note on Tuesday, May 30th.
Shares of China Rapid Finance Limited Sponsored ADR (NYSE:XRF) opened at 6.10 on Monday. China Rapid Finance Limited Sponsored ADR has a 52-week low of $5.60 and a 52-week high of $8.38. The stock’s market capitalization is $305.08 million. The company has a 50-day moving average price of $6.64 and a 200-day moving average price of $6.85.
China Rapid Finance Limited Sponsored ADR Company Profile
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.
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