Investing.com - Yirendai Ltd (NYSE:YRD) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Yirendai Ltd announced earnings per share of 3.86 on revenue of 1.02B. Analysts polled by Investing.com anticipated EPS of 1.5 on revenue of 1.51B.
Yirendai Ltd shares are down 75.35% from the beginning of the year and are trading at 0.705 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Yirendai Ltd follows other major Financial sector earnings this month
Yirendai Ltd's report follows an earnings beat by Berkshire Hathaway A on August 6, who reported EPS of 6302.97 on revenue of 76.18B, compared to forecasts EPS of 4741.64 on revenue of 73.54B.
RBC had missed expectations on August 24 with third quarter EPS of 2.51 on revenue of 11.43B, compared to forecast for EPS of 2.66 on revenue of 11.77B.
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