China Rapid Finance Limited Sponsored ADR (NYSE:XRF) – Stock analysts at Jefferies Group raised their Q1 2018 earnings per share estimates for shares of China Rapid Finance Limited Sponsored ADR in a research report issued to clients and investors on Friday. Jefferies Group analyst J. Hecht now expects that the company will post earnings of $0.02 per share for the quarter, up from their previous estimate of $0.01. Jefferies Group also issued estimates for China Rapid Finance Limited Sponsored ADR’s Q2 2018 earnings at $0.25 EPS, Q3 2018 earnings at $0.30 EPS, Q4 2018 earnings at $0.22 EPS and FY2018 earnings at $0.80 EPS.

China Rapid Finance Limited Sponsored ADR (NYSE:XRF) last posted its earnings results on Thursday, August 17th. The company reported ($0.29) EPS for the quarter, missing the Thomson Reuters’ consensus estimate 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.

WARNING: “Jefferies Group Analysts Increase Earnings Estimates for China Rapid Finance Limited Sponsored ADR (XRF)” was originally posted by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece on another domain, it was stolen and reposted in violation of US and international trademark and copyright laws. The original version of this piece can be read at https://www.thecerbatgem.com/2017/11/13/jefferies-group-analysts-decrease-earnings-estimates-for-china-rapid-finance-limited-sponsored-adr-xrf.html.

Separately, Zacks Investment Research upgraded China Rapid Finance Limited Sponsored ADR from a “sell” rating to a “hold” rating in a research report on Saturday, September 9th.

China Rapid Finance Limited Sponsored ADR (NYSE:XRF) opened at $9.34 on Monday. China Rapid Finance Limited Sponsored ADR has a 52-week low of $5.60 and a 52-week high of $12.86.

A number of institutional investors and hedge funds have recently modified their holdings of XRF. Baillie Gifford & Co. bought a new position in China Rapid Finance Limited Sponsored ADR in the 3rd quarter valued at $1,977,000. Segantii Capital Management Ltd bought a new stake in shares of China Rapid Finance Limited Sponsored ADR during the third quarter worth $1,483,000. CI Investments Inc. bought a new stake in shares of China Rapid Finance Limited Sponsored ADR during the third quarter worth $3,295,000. Finally, Wells Fargo & Company MN bought a new stake in shares of China Rapid Finance Limited Sponsored ADR during the third quarter worth $16,897,000. Hedge funds and other institutional investors own 16.28% of the company’s 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.

Earnings History and Estimates for China Rapid Finance Limited Sponsored ADR (NYSE:XRF)

Receive News & Stock Ratings for China Rapid Finance Limited Sponsored ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for China Rapid Finance Limited Sponsored ADR and related stocks with our FREE daily email newsletter.