Fanhua (FANH) Set to Announce Earnings on Wednesday

Fanhua (NASDAQ:FANH) will be releasing its earnings data after the market closes on Wednesday, May 22nd.

Fanhua (NASDAQ:FANH) last released its quarterly earnings results on Monday, March 11th. The financial services provider reported $0.29 earnings per share for the quarter. The business had revenue of $126.82 million during the quarter. Fanhua had a return on equity of 17.52% and a net margin of 17.52%.

NASDAQ FANH opened at $29.98 on Tuesday. The firm has a market cap of $1.98 billion, a PE ratio of 20.99 and a beta of 1.44. Fanhua has a twelve month low of $19.39 and a twelve month high of $38.24.

A hedge fund recently raised its stake in Fanhua stock. Geode Capital Management LLC increased its position in shares of Fanhua Inc (NASDAQ:FANH) by 49.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,936 shares of the financial services provider’s stock after acquiring an additional 10,837 shares during the period. Geode Capital Management LLC owned about 0.05% of Fanhua worth $722,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 29.41% of the company’s stock.

A number of research firms have recently weighed in on FANH. BidaskClub upgraded Fanhua from a “sell” rating to a “hold” rating in a report on Friday. ValuEngine upgraded Fanhua from a “hold” rating to a “buy” rating in a report on Saturday.

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About Fanhua

Fanhua Inc distributes insurance products in China. It operates through two segments, Insurance Agency and Claims Adjusting. The Insurance Agency segment provides property and casualty insurance products, including automobile, individual accident, travel, disability income, commercial property, construction, and other property and casualty products; and life insurance products, such as individual health, individual whole life, individual term life, individual endowment life, and individual annuity, as well as group life and participating insurance products.

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Earnings History for Fanhua (NASDAQ:FANH)

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