Nerdwallet Q2 2024 GAAP EPS $(0.12) Misses $(0.05) Estimate, Sales $150.600M Beat $150.111M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nerdwallet (NASDAQ:NRDS) reported Q2 2024 GAAP EPS of $(0.12), missing the $(0.05) estimate by 140%. However, sales of $150.600M beat the $150.111M estimate, showing a 5.09% increase from last year.
July 31, 2024 | 8:31 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Nerdwallet reported a Q2 2024 GAAP EPS of $(0.12), missing the $(0.05) estimate by 140%. However, sales of $150.600M beat the $150.111M estimate, showing a 5.09% increase from last year.
The mixed earnings report for Nerdwallet shows a significant miss on EPS but a slight beat on sales. The EPS miss could negatively impact the stock price, while the sales beat might provide some support. Overall, the short-term impact is likely to be neutral as the positive sales growth offsets the negative EPS miss.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100