Noah Holdings Limited Earnings: Here’s Why Investors Like These Results

Noah Holdings Ltd. American Dep (NYSE:NOAH) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 0.25%.

Markets are at 5-year highs! Discover the best stocks to own. Click here for our fresh Feature Stock Pick now!

Noah Holdings Ltd. American Dep Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased to $0.19 in the quarter versus EPS of $ in the year-earlier quarter.

Revenue: Rose 94.28% to $32.6 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Noah Holdings Ltd. American Dep reported adjusted EPS income of $0.19 per share. By that measure, the company beat the mean analyst estimate of $0. It beat the average revenue estimate of $0.

Quoting Management: Ms. Jingbo Wang, Co-founder, Chairwoman of the Board of Directors and Chief Executive Officer, commented, “It was a record quarter for the company, with historical highs set for nearly all operating metrics. These results are reflections of structural improvements and strategic initiatives we have been making since the first half of 2012 in organizational structure, management, and product innovation.” Ms. Wang continued, “I am also pleased that all of our business units, including our mutual business and our Hong Kong business, continued to make meaningful progress this quarter. In addition, we were able to continue to grow our asset management business.”

Key Stats (on next page)…

Revenue decreased 0% from $0 in the previous quarter. EPS increased to $0.19 in the quarter versus EPS of $ in the previous quarter.

Looking Forward: Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a loss of $0 and has not changed. For the current year, the average estimate is a loss of $0, which is the same with that ninety days ago.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]