CNFinance (CNF) Scheduled to Post Earnings on Friday

CNFinance (NYSE:CNF – Get Rating) is scheduled to release its earnings data before the market opens on Friday, May 26th. Analysts expect CNFinance to post earnings of $0.09 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

CNFinance (NYSE:CNF – Get Rating) last announced its quarterly earnings data on Wednesday, March 22nd. The company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.08 by ($0.02). The firm had revenue of $40.63 million for the quarter. CNFinance had a net margin of 7.55% and a return on equity of 3.52%. On average, analysts expect CNFinance to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

CNFinance Price Performance

Shares of NYSE CNF opened at $2.97 on Wednesday. The company has a debt-to-equity ratio of 1.99, a current ratio of 393.61 and a quick ratio of 335.32. The stock’s 50-day moving average is $2.60 and its 200 day moving average is $2.18. CNFinance has a 1-year low of $1.25 and a 1-year high of $3.37.

Hedge Funds Weigh In On CNFinance

A number of large investors have recently bought and sold shares of CNF. Creative Planning bought a new stake in shares of CNFinance in the 4th quarter worth approximately $33,000. State Street Corp bought a new stake in shares of CNFinance in the 3rd quarter worth approximately $32,000. Dimensional Fund Advisors LP grew its position in shares of CNFinance by 6.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 202,740 shares of the company’s stock worth $511,000 after buying an additional 12,644 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of CNFinance in the 2nd quarter worth approximately $848,000. Finally, Millennium Management LLC grew its position in shares of CNFinance by 21.6% in the 2nd quarter. Millennium Management LLC now owns 27,936 shares of the company’s stock worth $71,000 after buying an additional 4,958 shares during the last quarter. 11.49% of the stock is owned by hedge funds and other institutional investors.

CNFinance Company Profile

(Get Rating)

CNFinance Holdings Ltd. engages in the provision of home equity loan services. It facilitate loans by connecting micro and small-enterprise owners with its funding partners. The company was founded in January 8, 2014 and is headquartered in Guangzhou, China.