LexinFintech will announce Q3 2024 financial results on November 25, followed by an earnings 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 third quarter ending September 30, 2024, on November 25, 2024, after U.S. market close. The company's management will hold an earnings conference call that same day at 9:00 PM Eastern time, which will be accessible to participants who register in advance. The call will be available via a live and archived webcast on the company's investor relations website. Lexin aims to improve financing access for younger consumers using technology and risk management expertise while also providing innovative solutions for financial institutions. For further inquiries, contact details for the company's investor relations are provided.
Potential Positives
- LexinFintech Holdings Ltd. is set to report its unaudited financial results for Q3 2024, indicating transparency and commitment to regular financial disclosure.
- The scheduled earnings conference call allows investors and analysts to engage directly with company management, promoting shareholder communication and trust.
- The use of cutting-edge technology and risk management expertise in their services positions Lexin as a forward-thinking leader in the financial technology space, which could attract potential partners and customers.
Potential Negatives
- By announcing the date for the release of unaudited financial results, it raises concerns about potential undisclosed issues leading up to the actual earnings report.
- The necessity for an access PIN and prior registration for the earnings call may limit investor participation, potentially impacting shareholder transparency.
- The mention of being a "leading" player in the industry could come across as an attempt to address past performance worries if prior earnings reports were not favorable.
FAQ
When will LexinFintech announce its Q3 financial results?
LexinFintech will announce its unaudited financial results for Q3 on November 25, 2024, after U.S. market closes.
How can I join LexinFintech's earnings conference call?
Participants can register online to join the conference call at https://register.vevent.com/register/BI220a892f574848f0b2997fb493e6296f.
What time is the earnings conference call scheduled?
The earnings conference call is scheduled for 9:00 PM U.S. Eastern time on November 25, 2024.
Where can I access the webcast of the conference call?
A live and archived webcast of the conference call will be available on Lexin's investor relations website at http://ir.lexin.com.
Who can I contact for investor inquiries at LexinFintech?
For investor inquiries, contact Mandy Dong at +86 (755) 3637-8888 or [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 39 institutional investors add shares of $LX stock to their portfolio, and 34 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ACADIAN ASSET MANAGEMENT LLC added 1,679,364 shares (+120.6%) to their portfolio in Q3 2024
- WEXFORD CAPITAL LP removed 901,139 shares (-100.0%) from their portfolio in Q3 2024
- TWO SIGMA ADVISERS, LP added 858,400 shares (+52.5%) to their portfolio in Q3 2024
- TWO SIGMA INVESTMENTS, LP added 823,643 shares (+63.8%) to their portfolio in Q3 2024
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 750,898 shares (+217.5%) to their portfolio in Q3 2024
- MORGAN STANLEY added 750,405 shares (+1067.1%) to their portfolio in Q3 2024
- WALLEYE CAPITAL LLC added 510,014 shares (+235.5%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SHENZHEN, 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 Beijing/Hong Kong time on November 26, 2024).
Participants who wish to join the conference call should register online at:
https://register.vevent.com/register/BI220a892f574848f0b2997fb493e6296f
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:
Mandy Dong
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.
