Nerdwallet Q1 2024 GAAP EPS $0.01, Inline, Sales $161.900M Beat $156.995M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nerdwallet (NRDS) reported Q1 2024 earnings of $0.01 per share, meeting analyst estimates, with sales of $161.9M exceeding expectations by 3.12% but marking a 4.54% decrease from the previous year.
April 25, 2024 | 8:06 pm
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Nerdwallet reported Q1 2024 earnings per share of $0.01, in line with estimates, and sales of $161.9M, beating estimates but showing a year-over-year decline.
Meeting EPS estimates typically indicates financial stability, while exceeding sales forecasts suggests operational success. However, the year-over-year sales decline may temper investor enthusiasm, leading to a neutral short-term impact on NRDS stock.
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IMPORTANCE 90
RELEVANCE 100