Zacks news for futu will futu holdings (futu) see higher revenues in q2 earnings? The stock traded as low as $35.49 and last traded at $39.18, with a.
Digital turbine carries a zacks rank #2 (buy).
Futu stock forecast zacks. August 23, 2021 3 min read this story originally appeared on zacks in the latest trading session, futu holdings. Futu holdings limited sponsored adr (futu) closed at $91.57 in the latest trading session, marking a +1.36% move from the prior day. August 23, 2021 3 min read this story originally appeared on zacks in the latest trading session, futu holdings limited sponsored adr (futu) closed at $91.57, marking a +1.36% move from the previous.
Grow your business, not your inbox stay informed and join our daily newsletter now! Futu has not formally confirmed its next earnings publication date, but the company's estimated. The company reported $4.14 earnings per share for the quarter, missing the zacks' consensus estimate of $6.90 by ($2.76).
The number of paying clients, or those with assets in their futu accounts, increased 231% year. Simply put, stocks with a zacks rank of 1, 2, or 3, with a positive esp were shown to positively surprise 70% of the time. Futu (nasdaq:futu) last issued its quarterly earnings results on tuesday, november 23rd.
Their forecasts range from $66.00 to $253.00. 5 stocks set to double. Futu holdings limited sponsored adr (futu) closed at $91.57 in the latest trading session, marking a +1.36% move from the prior day.
On average, they expect futu's stock price to reach $157.60 in the next twelve months. As reported by zacks, the current mean recommendation for futu is in the buy range. This suggests a possible upside of 171.3% from the stock's current price.
Earnings for futu are expected to grow by 22.40% in the coming year, from $2.50 to $3.06 per share. As reported by zacks, the current mean recommendation for futu is in the strong buy range. During the same period last year, the company earned $0.39 eps.
The nearly 26% spike in the stock price in june reflects the meteoric growth of the trading platform. Futu had a return on equity of 18.91% and a net margin of 42.45%. Wall street stock market & finance report, prediction for the future:
