LexinFintech will announce Q4 and fiscal year 2024 financial results on March 18, 2025, followed by a conference call.
Quiver AI Summary
LexinFintech Holdings Ltd., a prominent consumer financial service provider in China, announced that it will release its unaudited financial results for the fourth quarter and fiscal year 2024 on March 18, 2025, after the U.S. market closes. Following the announcement, the company will hold an earnings conference call at 10:00 PM Eastern Time, which participants can join by registering online. Lexin focuses on making financing accessible to young consumers through advanced technology and risk management, connecting them with financial institutions. The company also provides technology solutions to financial institutions to support their digital transformation efforts. Further details can be found on Lexin's investor relations website.
Potential Positives
- The announcement of the upcoming unaudited financial results for Q4 and fiscal year 2024 indicates transparency and a commitment to keeping investors informed.
- The scheduled earnings conference call provides an opportunity for stakeholders to engage directly with the company's management, fostering investor relations.
- The company's focus on technology and risk management in providing financial services positions it as an innovative leader in the consumer finance sector.
- Lexin's mission to increase financing accessibility for young consumers aligns well with current trends in consumer finance, potentially expanding its market share.
Potential Negatives
- The decision to issue unaudited financial results may raise concerns about the company's financial transparency and governance.
- Failure to announce significant developments or changes prior to the earnings call could indicate potential issues or lack of updates impacting investor confidence.
- Delayed reporting could suggest underlying operational challenges or uncertainties in the company’s financial performance.
FAQ
When will Lexin report its financial results for Q4 2024?
Lexin will report its unaudited financial results on March 18, 2025, after the U.S. market closes.
How can I join Lexin's earnings conference call?
Participants can register online at Lexin's designated registration link to obtain the dial-in number and access PIN.
What time is the Lexin conference call scheduled?
The earnings conference call is scheduled for 10:00 PM U.S. Eastern time on March 18, 2025.
Where can I access the webcast of the conference call?
A live and archived webcast will be available on Lexin's investor relations website at http://ir.lexin.com.
Who can I contact for investor inquiries at Lexin?
You can contact Will Tan at +86 (755) 3637-8888 or via email at [email protected].
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$LX Hedge Fund Activity
We have seen 73 institutional investors add shares of $LX stock to their portfolio, and 39 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BRIGHT VALLEY CAPITAL LTD added 3,990,000 shares (+inf%) to their portfolio in Q4 2024, for an estimated $23,142,000
- MORGAN STANLEY added 3,981,120 shares (+485.1%) to their portfolio in Q4 2024, for an estimated $23,090,496
- STATE STREET CORP added 3,192,695 shares (+1607.8%) to their portfolio in Q4 2024, for an estimated $18,517,631
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 2,606,969 shares (+237.8%) to their portfolio in Q4 2024, for an estimated $15,120,420
- FIL LTD removed 2,542,798 shares (-20.7%) from their portfolio in Q4 2024, for an estimated $14,748,228
- JPMORGAN CHASE & CO added 1,325,430 shares (+inf%) to their portfolio in Q4 2024, for an estimated $7,687,494
- SCHONFELD STRATEGIC ADVISORS LLC added 1,294,876 shares (+inf%) to their portfolio in Q4 2024, for an estimated $7,510,280
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SHENZHEN, China, March 10, 2025 (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 fourth quarter and fiscal year 2024, after the U.S. market closes on Tuesday, March 18, 2025.
The Company’s management will host an earnings conference call at 10:00 PM U.S. Eastern time on March 18, 2025 (10:00 AM Beijing/Hong Kong time on March 19, 2025).
Participants who wish to join the conference call should register online at:
https://register-conf.media-server.com/register/BI6702756dbdb741f9b401c583a37bd291
Once registration is completed, each participant will receive the dial-in number and a unique access PIN for the conference call.
Participants joining the conference call should dial in at least 10 minutes before the scheduled start time.
A live and archived webcast of the conference call will also be available at the Company's investor relations website at http://ir.lexin.com .
About LexinFintech Holdings Ltd.
We are a leading credit technology-empowered consumer financial service enabler. Our mission is to use technology and risk management expertise to make financing more accessible for young generation consumers. We strive to achieve this mission by connecting consumers with financial institutions, where we facilitate through a unique model that includes online and offline channels, installment consumption platform, big data and AI driven credit risk management capabilities, as well as smart user and loan management systems. We also empower financial institutions by providing cutting-edge proprietary technology solutions to meet their needs of financial digitization.
For more information, please visit http://ir.lexin.com .
For investor and media inquiries, please contact:
LexinFintech Holdings Ltd.
IR inquiries:
Will Tan
Tel: +86 (755) 3637-8888
E-mail: [email protected]
Media inquiries:
Ruifeng Xu
Tel: +86 (755) 3637-8888
E-mail: [email protected]
SOURCE LexinFintech Holdings Ltd.
