LexinFintech Holdings Ltd. (LX) saw its stock price surge by 5.10% in pre-market trading on Wednesday, following the release of its fourth-quarter earnings report for 2024. The Chinese fintech company's shares climbed on the back of what appears to be strong financial results, signaling investor confidence in the company's performance.

The earnings report, which was released after market close on Tuesday, seems to have exceeded market expectations, prompting a positive reaction from investors. While specific details of the financial results were not immediately available, the market's response suggests that LexinFintech may have reported growth in key metrics such as revenue, user acquisition, or profitability.

LexinFintech, known for its online consumer finance platform and e-commerce services in China, has been navigating a competitive and rapidly evolving fintech landscape. The company's ability to deliver strong results in the fourth quarter of 2024 could indicate successful execution of its business strategies and adaptation to market conditions.