Investors in Qifu Technology, Inc. (NASDAQ:QFIN) had a good week, as its shares rose 4.6% to close at US$48.12 following the release of its full-year results. Qifu Technology reported in line with analyst predictions, delivering revenues of CN¥17b and statutory earnings per share of CN¥41.28, suggesting the business is executing well and in line with its plan. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.NasdaqGS:QFIN Earnings and Revenue Growth March 28th 2025

Taking into account the latest results, the most recent consensus for Qifu Technology from ten analysts is for revenues of CN¥17.9b in 2025. If met, it would imply an okay 4.1% increase on its revenue over the past 12 months. Per-share earnings are expected to step up 11% to CN¥49.77. Yet prior to the latest earnings, the analysts had been anticipated revenues of CN¥17.8b and earnings per share (EPS) of CN¥48.90 in 2025. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

View our latest analysis for Qifu Technology

There were no changes to revenue or earnings estimates or the price target of US$54.40, suggesting that the company has met expectations in its recent result. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on Qifu Technology, with the most bullish analyst valuing it at US$59.69 and the most bearish at US$49.90 per share. This is a very narrow spread of estimates, implying either that Qifu Technology is an easy company to value, or - more likely - the analysts are relying heavily on some key assumptions.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We would highlight that Qifu Technology's revenue growth is expected to slow, with the forecast 4.1% annualised growth rate until the end of 2025 being well below the historical 8.4% p.a. growth over the last five years. Compare this against other companies (with analyst forecasts) in the industry, which are in aggregate expected to see revenue growth of 11% annually. So it's pretty clear that, while revenue growth is expected to slow down, the wider industry is also expected to grow faster than Qifu Technology.

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The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. Fortunately, the analysts also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Qifu Technology's revenue is expected to perform worse than the wider industry. The consensus price target held steady at US$54.40, with the latest estimates not enough to have an impact on their price targets.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have estimates - from multiple Qifu Technology analysts - going out to 2027, and you can see them free on our platform here.

Don't forget that there may still be risks. For instance, we've identified  1 warning sign for Qifu Technology that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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