FinWise Q3 2023 EPS $0.37 Beats $0.24 Estimate, Sales $19.64M Beat $17.48M Estimate
Portfolio Pulse from vinayak@benzinga.com
FinWise (NASDAQ:FINW) reported Q3 2023 earnings of $0.37 per share, beating the analyst consensus estimate of $0.24 by 54.17%. This is a 37.04% increase from the same period last year. The company also reported quarterly sales of $19.64 million, beating the analyst consensus estimate of $17.48 million by 12.36%, but this is a 2.01% decrease from the same period last year.
October 26, 2023 | 8:34 pm
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FinWise's Q3 2023 earnings and sales beat estimates. However, sales decreased by 2.01% compared to the same period last year.
FinWise's earnings beat estimates, which is generally a positive signal for the stock. However, the decrease in sales compared to the same period last year might be a concern for some investors, potentially limiting the positive impact on the stock price.
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RELEVANCE 100