Jianpu Technology (JT) Scheduled to Post Earnings on Tuesday

Jianpu Technology (NYSE:JT) will issue its quarterly earnings data before the market opens on Tuesday, May 28th. Analysts expect the company to announce earnings of ($0.03) per share for the quarter.

Jianpu Technology (NYSE:JT) last issued its earnings results on Monday, February 25th. The company reported $0.01 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.01. The business had revenue of $107.93 million for the quarter. Jianpu Technology had a negative net margin of 8.36% and a negative return on equity of 10.13%. On average, analysts expect Jianpu Technology to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of JT stock opened at $4.75 on Monday. The stock has a market capitalization of $798.08 million, a price-to-earnings ratio of -33.93 and a beta of 1.73. Jianpu Technology has a one year low of $3.49 and a one year high of $7.97.

A hedge fund recently raised its stake in Jianpu Technology stock. Morgan Stanley increased its holdings in shares of Jianpu Technology Inc – (NYSE:JT) by 58.8% during the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,400 shares of the company’s stock after purchasing an additional 2,000 shares during the period. Morgan Stanley’s holdings in Jianpu Technology were worth $27,000 as of its most recent SEC filing. Institutional investors and hedge funds own 12.63% of the company’s stock.

JT has been the topic of a number of research analyst reports. JPMorgan Chase & Co. upgraded shares of Jianpu Technology from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $5.50 to $9.50 in a research note on Friday, March 1st. ValuEngine upgraded shares of Jianpu Technology from a “hold” rating to a “buy” rating in a research note on Thursday, January 31st. Finally, Zacks Investment Research upgraded shares of Jianpu Technology from a “sell” rating to a “hold” rating in a research note on Thursday, April 4th.

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About Jianpu Technology

Jianpu Technology Inc operates a platform that provides online discovery and recommendation services for financial products in the People's Republic of China. Its platform allows users to access to financial products, including consumer and other loans, credit cards, and wealth management products.

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Earnings History for Jianpu Technology (NYSE:JT)

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