Lufax (NYSE:LU) Announces Quarterly Earnings Results, Misses Expectations By $11.08 EPS

Lufax (NYSE:LU) posted its quarterly earnings data on Wednesday. The company reported ($0.27) earnings per share for the quarter, missing the consensus estimate of $10.81 by ($11.08), Zacks reports. The company had revenue of $921.68 million for the quarter, compared to analyst estimates of $2.22 billion.

Lufax Price Performance

Shares of NYSE LU traded down $0.70 during midday trading on Wednesday, reaching $7.80. 276,585 shares of the company were exchanged, compared to its average volume of 138,687. The stock’s 50-day moving average price is $11.40 and its 200-day moving average price is $17.48. The stock has a market cap of $676.03 million, a P/E ratio of -1.28 and a beta of 0.69. The company has a quick ratio of 1.72, a current ratio of 1.72 and a debt-to-equity ratio of 0.08. Lufax has a one year low of $7.70 and a one year high of $32.10.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Weiss Ratings restated a “sell (d)” rating on shares of Lufax in a research report on Thursday, August 13th. JPMorgan Chase & Co. upgraded shares of Lufax from a “neutral” rating to an “overweight” rating and set a $20.00 price target on the stock in a research report on Tuesday, July 28th. Zacks Research raised shares of Lufax from a “strong sell” rating to a “hold” rating in a research note on Monday, September 28th. Deutsche Bank Aktiengesellschaft set a $14.00 price objective on shares of Lufax and gave the company a “hold” rating in a research report on Thursday, August 27th. Finally, Wall Street Zen cut Lufax from a “hold” rating to a “sell” rating in a research note on Saturday, August 22nd. One research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $17.00.

Lufax News Summary

Here are the key news stories impacting Lufax this week:

• Positive Sentiment: Lufax continues to serve small-business owners in China through its financial-services platform, and management’s third-quarter earnings call provided additional information on operating performance and its outlook. Lufax Q3 2026 Earnings Call Transcript
• Neutral Sentiment: Lufax announced changes to the composition of its Internal Control Improvement Committee, effective October 28. The move may support governance and control efforts, but the company did not indicate an immediate financial impact. Internal Control Improvement Committee Changes
• Negative Sentiment: Lufax reported third-quarter total income of RMB6.18 billion, or approximately $922 million, down from RMB6.479 billion a year earlier. The weaker year-over-year revenue trend signals continued pressure on the business. Lufax Reports Third Quarter 2026 Financial Results
• Negative Sentiment: The company recorded a third-quarter net loss of RMB1.494 billion and reported a loss of $0.27 per share. That compares unfavorably with the cited consensus expectation of $10.81 per share, although the unusually large estimate suggests possible data or unit inconsistencies. Lufax Q3 Net Loss
• Negative Sentiment: Reported revenue of $921.68 million was also well below the cited $2.22 billion analyst estimate, reinforcing concerns about earnings quality and near-term profitability. The results are the main catalyst behind LU’s weaker trading. Lufax Third-Quarter Earnings Results

Lufax Company Profile

Lufax Holding Ltd. (NYSE: LU) is a China-based financial services technology company that operates digital platforms for retail and small-business finance. The company connects consumers and small-business owners with financial products and services through online channels and technology-enabled processes.

Lufax’s business has historically included retail lending, wealth management and related financial services. Its platforms have provided access to consumer and small-business loans, investment products and other services offered in cooperation with financial institutions.