Nu Holdings Q3 Sales $2.14B Beat $2.05B Estimate
Portfolio Pulse from Benzinga Newsdesk
Nu Holdings (NYSE:NU) reported Q3 sales of $2.14 billion, surpassing the analyst consensus estimate of $2.05 billion by 4.20% and marking a 63.43% increase from $1.31 billion in the same period last year.
November 14, 2023 | 9:34 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Nu Holdings reported higher than expected Q3 sales, beating estimates and showing significant year-over-year growth.
Beating sales estimates typically generates positive sentiment among investors, which can lead to an increase in stock price. The significant year-over-year growth further strengthens the positive outlook for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100