Nu Holdings Q4 EPS $0.07 Misses $0.08 Estimate, Sales $2.40B Beat $2.22B Estimate
Portfolio Pulse from Benzinga Newsdesk
Nu Holdings reported Q4 earnings of $0.07 per share, missing the $0.08 estimate, but its sales of $2.40B exceeded the $2.22B estimate. This represents a 270% increase in earnings and a 65.75% increase in sales from the same period last year.

February 22, 2024 | 10:37 pm
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NEUTRAL IMPACT
Nu Holdings' Q4 earnings per share missed estimates by 7.5%, but sales exceeded expectations by 8.33%, showing significant year-over-year growth in both earnings and sales.
While the earnings per share (EPS) miss might initially concern investors, the substantial beat on sales and significant year-over-year growth in both earnings and sales could offset negative sentiment. The mixed results present a neutral short-term outlook, as the sales beat indicates strong business growth, which could support the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100