Affirm Sees Q4 Revenue $585M-$605M vs $576.34M Est., GMV $6.75B-$6.95B
Portfolio Pulse from Benzinga Newsdesk
Affirm Holdings, Inc. projects its Q4 revenue to be between $585M and $605M, surpassing the estimated $576.34M. The company also forecasts its Gross Merchandise Volume (GMV) to range from $6.75B to $6.95B.
May 08, 2024 | 11:06 am
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Affirm Holdings, Inc. anticipates Q4 revenue to exceed expectations, with a projection of $585M-$605M against a $576.34M estimate, and a GMV forecast of $6.75B-$6.95B.
Affirm's projection of higher-than-expected revenue for Q4 is a positive signal to investors, likely leading to an optimistic outlook on the stock. The surpassing of revenue estimates, coupled with a strong GMV forecast, suggests robust business performance and growth, which can positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100