Wall Street brokerages expect Jianpu Technology (NYSE:JT) to report earnings per share of ($0.03) for the current quarter, Zacks reports. Zero analysts have provided estimates for Jianpu Technology’s earnings. The firm is expected to issue its next quarterly earnings report on Monday, January 1st.
According to Zacks, analysts expect that Jianpu Technology will report full-year earnings of ($0.06) per share for the current fiscal year. For the next year, analysts forecast that the business will post earnings of $0.08 per share. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Jianpu Technology.
Jianpu Technology (NYSE:JT) last announced its quarterly earnings results on Monday, March 5th. The company reported ($0.15) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.02) by ($0.13). The firm had revenue of $89.86 million during the quarter.
Several hedge funds have recently bought and sold shares of JT. Wells Fargo & Company MN purchased a new stake in shares of Jianpu Technology in the 4th quarter valued at $35,219,000. Viking Global Investors LP purchased a new stake in Jianpu Technology during the 4th quarter worth about $16,963,000. BlackRock Inc. purchased a new stake in Jianpu Technology during the 4th quarter worth about $10,019,000. Yiheng Capital LLC purchased a new stake in Jianpu Technology during the 4th quarter worth about $4,524,000. Finally, Millennium Management LLC purchased a new stake in Jianpu Technology during the 4th quarter worth about $2,722,000. Hedge funds and other institutional investors own 12.53% of the company’s stock.
Shares of Jianpu Technology stock traded up $0.11 during trading hours on Thursday, hitting $5.52. The company’s stock had a trading volume of 239,081 shares, compared to its average volume of 352,105. Jianpu Technology has a twelve month low of $4.75 and a twelve month high of $9.49. The firm has a market cap of $868.37 and a PE ratio of -24.00.
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About Jianpu Technology
Jianpu Technology Inc operates a platform that provides online discovery and recommendation services for financial products in the People's Republic of China. Its platform allows users to access consumer and other loans, credit cards, and wealth management products related information. The company recommends loans and credit cards to individual users and assists the financial service providers in targeting users with specific characteristics based on the users' financial needs and credit profile, as well as the products offerings and risk appetite of the financial service providers.
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