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Lufax Holding Q4 2021 Earnings Preview

  • Lufax Holding (NYSE:LU) is scheduled to announce Q4 earnings results on Wednesday, March 9th, after market close.

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Comments (4)

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The main thing to preview, left out by SA, is that the company promised a new divvy on last CC -- and said details would be announced on this CC. Guided to a divvy of 20-40% of earnings, so 5%+ divvy -- so we shall see if we get what was promised on CC tonight :)
@Potty1313 if divvy is over 5 percent and they had good quarter , lufax may back to 7-8 next few weeks
@risklover From company PR: "In addition, Lufax announced a cash dividend of US$0.68 per ordinary share (US$0.34 per ADS) with a record date of April 8, 2022 and a new US$500 million share repurchase program."

So a 6% divvy at today's closing price in the 5.60's
@Potty1313 eps .19 miss 0.02 but revenue beat.Dividend is good as predicted. 500 million stock repurchase is a surprise too.
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