Trade with Eva: Analytics in action >>

Thursday, March 14, 2019

=Uxin (UXIN) reported earnings on Thur 14 March 19 (b/o)

Uxin beats by RMB 0.64, beats on revs; guides Q1
  • Reports Q4 (Dec) loss of RMB 0.27 per share, excluding non-recurring items, RMB 0.64 better than the two analyst estimate of (RMB 0.91); revenues rose 61.6% year/year to RMB 1.14 bln vs the RMB 1.06 bln single analyst estimate.
  • "With the Company's great efforts in executing 2C business initiatives, cross-regional transactions experienced exponential growth towards the end of 2018, and started to contribute an increasingly significant portion of transaction volume as well as revenues."
  • Co sees Q1 revs of RMB 900-950 mln (no estimates)

No comments:

Post a Comment