Affirm Holdings Q2 EPS $(0.54) Beats $(0.72) Estimate, Sales $591.10M Beat $520.62M Estimate
Portfolio Pulse from Benzinga Newsdesk
Affirm Holdings (NASDAQ:AFRM) reported Q2 earnings with losses of $(0.54) per share, surpassing the $(0.72) estimate, and sales of $591.10M, exceeding the $520.62M estimate. This represents a significant improvement over the previous year's performance.
February 08, 2024 | 9:09 pm
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POSITIVE IMPACT
Affirm Holdings reported a smaller loss than expected and higher sales, indicating strong performance and growth.
The positive earnings report, with losses per share and sales both beating estimates, suggests a strong financial performance and operational efficiency. This is likely to instill investor confidence and could lead to a short-term uptick in AFRM's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100