Jianpu Technology (JT) Announces Earnings Results
Jianpu Technology (NYSE:JT) released its quarterly earnings results on Monday. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.03), Morningstar.com reports. Jianpu Technology had a negative return on equity of 19.56% and a negative net margin of 16.81%. The firm had revenue of $64.61 million for the quarter. Jianpu Technology updated its Q4 2018 guidance to EPS.
Shares of Jianpu Technology stock opened at $4.47 on Wednesday. Jianpu Technology has a 12-month low of $4.01 and a 12-month high of $9.49. The company has a market cap of $903.17 million and a PE ratio of -19.43.
Separately, Zacks Investment Research cut Jianpu Technology from a “hold” rating to a “sell” rating in a research note on Friday, July 27th.
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Jianpu Technology Company Profile
Jianpu Technology Inc operates a platform that provides online discovery and recommendation services for financial products in the People's Republic of China. Its platform allows users to access to financial products, including consumer and other loans, credit cards, and wealth management products.
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