Nerdwallet Q2 EPS $(0.14) Misses $(0.03) Estimate, Sales $143.30M Beat $137.38M Estimate
Portfolio Pulse from totan@benzinga.com
Nerdwallet (NASDAQ:NRDS) reported Q2 losses of $(0.14) per share, missing the analyst consensus estimate of $(0.03) by 366.67%. However, the company's quarterly sales of $143.30 million beat the analyst consensus estimate of $137.38 million by 4.31%, marking a 14.46% increase over the same period last year.
August 04, 2023 | 12:09 pm
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Nerdwallet's Q2 earnings per share missed estimates significantly, but sales exceeded expectations and showed a YoY increase.
Nerdwallet's Q2 earnings per share missed estimates by a large margin, which could negatively impact investor sentiment and the stock price. However, the company's sales beat estimates and showed a year-over-year increase, which could partially offset the negative impact.
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