QD earnings call for the period ending September 30, 2019.
News & Analysis: Qudian Inc.
A lower profit outlook for the year didn't go over well with investors.
The microloan company is posting impressive growth and trades at low multiples, but big risks remain.
The Chinese fintech stock is up more than 65% this year, but it's still down 75% from its market debut in October 2017.
The Chinese fintech company keeps buying back shares.
Qudian's third-quarter earnings arrived with indications that its loan business is holding up despite the loss of one of its former partners.
Qudian's business outlook is murky, and its share price is down roughly 80% over the past year.
Wall Street worries Qudian is too reliant on one partner to power its business.
Revenue doubled but profits came up short.
Of course, even dead cats bounce a little.
Exorbitant interest rates must come down.