Jiayin Group Inc. (NASDAQ:JFIN) is reporting third quarter earnings results on Monday 30th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.10 per share from $ 38.72 million in revenue.
For the full year, analysts predict revenues of $ 163.77 million, while looking forward to income of $ 0.43 per share.
Previous Quarter Performance
Jiayin Group Inc. posted income for the second quarter of $ 0.03 per share, from the revenue of $ 34.68 million. The quarterly earnings declined 93.48 percent while revenues contracted 61.30 percent compared with the same quarter last year.
According to street consensus, JFIN was expected to report 2Q20 income of $ 0.09 per share from revenue of $ 45.15 million. The bottom line results missed street analysts by $ 0.06 or 66.67 percent, at the same time, top line results fell short of analysts by $ 10.47 million or 23.19 percent.
Shares of Jiayin Group Inc. traded low $ -0.24 or -5.99 percent on Friday, reaching $ 3.77 with volume of 496.30 thousand shares. Jiayin Group Inc. has traded high as $ 4.04 and has cracked $ 3.64 on the downward trend
According to the previous trading day, closing price of $ 3.77, representing a 150.63 % increase from the 52 week low of $ 1.60 and a 86.63 % decrease over the 52 week high of $ 30.00.
The company has a market capital of $ 203.67 million and is part of the Technology sector and Internet Content & Information industry.
Jiayin Group Inc. will be hosting a conference call at 8:00 AM eastern time on 30th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.jiayinfintech.cn
Jiayin Group Inc. operates as an online individual finance marketplace that connects individual investors and individual borrowers in China. It operates a secure and open platform that facilitates transparent, secure, and fast connections between investors and borrowers.