What's Going On With Affirm (AFRM) Stock?
Portfolio Pulse from Henry Khederian
Affirm Holdings Inc's shares are trading lower by 2.2% to $17.40. This follows last week's strength after the company reported better-than-expected Q4 financial results and issued guidance. The company's Q4 revenue increased 22% YoY to $445.82 million, beating the consensus estimate of $406.26 million. Affirm also reported a quarterly adjusted loss of 69 cents per share, which beat analyst estimates for a loss of 85 cents per share.
August 28, 2023 | 5:55 pm
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Despite positive Q4 results, Affirm's stock is trading lower. The company beat revenue and loss per share estimates.
Affirm's stock is trading lower despite the company reporting better-than-expected Q4 results. This suggests that other factors, potentially external market conditions or investor sentiment, are influencing the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100