Investing.com - Yirendai Ltd (NYSE:YRD) reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Yirendai Ltd announced earnings per share of 0.4369 on revenue of 1.02B. Analysts polled by Investing.com anticipated EPS of 1.83 on revenue of 1.56B.
Yirendai Ltd shares are up 4.49% from the beginning of the year and are trading at 3.490 , down-from-52-week-high.They are outperforming 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 missed by Berkshire Hathaway A on November 6, who reported EPS of 4302.7 on revenue of 73.08B, compared to forecasts EPS of 4536.17 on revenue of 72.79B.
Industrial Commercial Bank of China had beat expectations on October 29 with third quarter EPS of 0.7184 on revenue of 33.97B, compared to forecast for EPS of 0.6977 on revenue of 32.64B.
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