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Lexinfintech: 4Q Earnings Snapshot

SHENZHEN, China (AP) _ Lexinfintech Holdings Ltd (LX) on Thursday reported fourth-quarter profit of $100.1 million.

The Shenzhen, China-based company said it had net income of 56 cents per share. Earnings, adjusted for stock option expense and asset impairment costs, were 58 cents per share.

The online consumer finance company posted revenue of $304.5 million in the period.

For the year, the company reported profit of $287.6 million, or $1.59 per share. Revenue was reported as $1.1 billion.

Lexinfintech shares have risen 54 percent since the beginning of the year. The stock has decreased 37 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LX at https://www.zacks.com/ap/LX