Investing.com - Yirendai Ltd (NYSE:YRD) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Yirendai Ltd announced earnings per share of 2.45 on revenue of 2.06B. Analysts polled by Investing.com anticipated EPS of 0.57 on revenue of 2.12B.
Yirendai Ltd shares are down 37.48% from the beginning of the year and are trading at 3.47 , 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 Technology sector earnings this month
Yirendai Ltd's report follows an earnings beat by Apple on October 29, who reported EPS of 0.73 on revenue of 64.7B, compared to forecasts EPS of 0.7099 on revenue of 63.8B.
Alphabet C had beat expectations on October 29 with third quarter EPS of 16.4 on revenue of 46.17B, compared to forecast for EPS of 11.3 on revenue of 42.8B.
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