Wall Street analysts expect Fanhua Inc (NASDAQ:FANH) to announce earnings of $0.39 per share for the current quarter, according to Zacks. Zero analysts have issued estimates for Fanhua’s earnings. Fanhua posted earnings per share of $0.40 during the same quarter last year, which indicates a negative year over year growth rate of 2.5%. The business is expected to issue its next earnings report after the market closes on Tuesday, August 20th.

On average, analysts expect that Fanhua will report full-year earnings of $1.34 per share for the current year. For the next fiscal year, analysts expect that the business will report earnings of $1.80 per share. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that cover Fanhua.

Fanhua (NASDAQ:FANH) last posted its quarterly earnings results on Wednesday, May 22nd. The financial services provider reported $0.39 EPS for the quarter. The business had revenue of $144.78 million for the quarter. Fanhua had a return on equity of 20.08% and a net margin of 17.41%.

FANH has been the subject of several research reports. BidaskClub raised Fanhua from a “hold” rating to a “buy” rating in a research report on Friday, August 2nd. Morgan Stanley assumed coverage on Fanhua in a report on Monday, July 29th. They set an “overweight” rating for the company. Finally, ValuEngine cut Fanhua from a “buy” rating to a “hold” rating in a report on Tuesday, August 6th.

Hedge funds and other institutional investors have recently modified their holdings of the business. Jane Street Group LLC bought a new position in shares of Fanhua during the second quarter worth about $1,013,000. D. E. Shaw & Co. Inc. acquired a new stake in Fanhua during the second quarter worth approximately $7,481,000. Cubist Systematic Strategies LLC acquired a new stake in Fanhua during the second quarter worth approximately $824,000. AQR Capital Management LLC grew its stake in Fanhua by 4.1% during the second quarter. AQR Capital Management LLC now owns 69,976 shares of the financial services provider’s stock worth $2,342,000 after purchasing an additional 2,764 shares during the period. Finally, Bank of America Corp DE grew its stake in Fanhua by 11.9% during the second quarter. Bank of America Corp DE now owns 2,422,843 shares of the financial services provider’s stock worth $81,093,000 after purchasing an additional 257,043 shares during the period. 28.13% of the stock is currently owned by hedge funds and other institutional investors.

FANH traded down $0.07 on Friday, reaching $30.97. The company had a trading volume of 8,446 shares, compared to its average volume of 306,545. The firm has a fifty day moving average of $33.20. The stock has a market cap of $2.09 billion, a P/E ratio of 21.64 and a beta of 1.23. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.84 and a quick ratio of 2.84. Fanhua has a one year low of $19.39 and a one year high of $35.55.

Fanhua Company Profile

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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