QFIN Stock Recent News

BPMUF, QFIN, CRNC, SN and PINE have been added to the Zacks Rank #1 (Strong Buy) List on August 28, 2024.

Qifu Technology, Inc. (QFIN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

QFIN, RCMT and CRNC made it to the Zacks Rank #1 (Strong Buy) value stocks list on August 26, 2024.

Investors with an interest in Technology Services stocks have likely encountered both Qifu Technology, Inc. (QFIN) and Climb Global Solutions (CLMB). But which of these two stocks presents investors with the better value opportunity right now?

Qifu Technology, Inc. (QFIN) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

AXL, QFIN, and DKL made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 22, 2024.

QFIN's third quarter bottom-line growth prospects are favorable, taking into account expectations of provision write-backs and lower operating costs. Qifu Technology's potential shareholder yield for fiscal 2024 is estimated to be in the mid-teens percentage range. I stick to a Buy rating for QFIN; the stock is still trading at a depressed mid-single digit P/E ratio despite its positive bottom-line outlook and enticing shareholder yield.

Qifu Technology, Inc. (NASDAQ:QFIN ) Q2 2024 Earnings Conference Call August 13, 2024 8:30 PM ET Company Participants Karen Ji - Senior Director, Capital Markets Wu Haisheng - CEO Alex Xu - CFO Conference Call Participants Richard Xu - Morgan Stanley Emma Xu - Bank of America Alex Ye - UBS Yada Li - CICC Cindy Wang - China Renaissance Operator Ladies and gentlemen, thank you for standing by, and welcome to the Qifu Technology Second Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

SHANGHAI, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2024, announced board change and raised semi-annual dividend.

SHANGHAI, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Qifu Technology, Inc. (NASDAQ: QFIN; HKEx: 3660) (“Qifu Technology” or the “Company”), a leading Credit-Tech platform in China, today announced that it will report its unaudited financial results for the second quarter ended June 30, 2024, after U.S. markets close on Tuesday, August 13, 2024.