LexinFintech Holdings Ltd. (LX) News
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Latest LX News From Around the Web
Below are the latest news stories about LEXINFINTECH HOLDINGS LTD that investors may wish to consider to help them evaluate LX as an investment opportunity.
LexinFintech Achieves Strong Q3 with Profit SurgeLexinfintech Holdings (LX) has released an update. LexinFintech Holdings reported a strong financial performance in the third quarter of 2024, with net profit surging by 36.7% to RMB310 million despite a decline in loan origination. The company’s operating revenue grew by 4.4% year-over-year to RMB3.7 billion, driven by improved asset quality and reduced funding costs. Lexin remains optimistic about its ongoing transformation strategies and has increased its dividend payout policy to 25% of net |
LexinFintech Holdings Third Quarter 2024 Earnings: EPS: CN¥1.87 (vs CN¥2.25 in 3Q 2023)LexinFintech Holdings ( NASDAQ:LX ) Third Quarter 2024 Results Key Financial Results Revenue: CN¥3.66b (up 4.4% from 3Q... |
LexinFintech Holdings Ltd (LX) Q3 2024 Earnings Call Highlights: Strong Net Profit Growth ...LexinFintech Holdings Ltd (LX) reports a 36.7% increase in net profit, driven by improved asset quality and reduced funding costs, despite challenges in revenue growth. |
LexinFintech (LX) Q3 2024 Earnings Call TranscriptLX earnings call for the period ending September 30, 2024. |
LexinFintech Holdings Ltd. Reports Third Quarter 2024 Unaudited Financial ResultsSHENZHEN, China, Nov. 25, 2024 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended September 30, 2024. “Total loan origination for the third quarter reached approximately RMB51.0 billion, remaining stable on a quarter-over-quarter basis, but reflecting a 19.5% decrease year-over-year. The outstanding loan balance was |
US Penny Stocks To Watch In November 2024As the U.S. stock market experiences fluctuations, with major indices like the S&P 500 and Nasdaq Composite seeing recent downturns, investors are keenly observing potential opportunities amid these shifts. Penny stocks, often associated with smaller or emerging companies, remain a relevant investment area despite their traditional label. With strong financial health as a key consideration, these stocks can present unique growth prospects for those looking to explore under-the-radar... |
LexinFintech Holdings Ltd. to Report Third Quarter 2024 Unaudited Financial Results on November 25, 2024SHENZHEN, China, Nov. 18, 2024 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading credit technology-empowered consumer financial service enabler in China, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2024, after the U.S. market closes on Monday, November 25, 2024. The Company’s management will host an earnings conference call at 9:00 PM U.S. Eastern time on November 25, 2024 (10:00 AM |
US Penny Stocks To Watch In October 2024As the U.S. stock market navigates a mixed performance amid an earnings deluge, with the Nasdaq rising for its fifth consecutive session, investors are keeping a close eye on potential opportunities in various sectors. Penny stocks, though often seen as relics from earlier market days, continue to capture interest due to their potential for growth and value within smaller or emerging companies. By focusing on those with solid financial health and clear growth prospects, investors can... |
LexinFintech (LX) Q2 2024 Earnings Call TranscriptLX earnings call for the period ending June 30, 2024. |
LexinFintech Holdings Ltd. Reports Second Quarter 2024 Unaudited Financial ResultsSHENZHEN, China, Aug. 27, 2024 (GLOBE NEWSWIRE) -- LexinFintech Holdings Ltd. (“Lexin” or the “Company”) (NASDAQ: LX), a leading technology-empowered personal financial service enabler in China, today announced its unaudited financial results for the quarter ended June 30, 2024. "We harvested a healthy set of operational and financial results with improved risk performance for new loans, uplifted net profit from the first quarter of 2024, and controlled loan origination in the second quarter of |