Affirm Holdings Q4 2024 Adj EPS $(0.14) Beats $(0.51) Estimate, Sales $659.00M Beat $603.66M Estimate
Portfolio Pulse from Benzinga Newsdesk
Affirm Holdings reported better-than-expected Q4 2024 results with an adjusted EPS of $(0.14), beating the estimate of $(0.51). Sales reached $659 million, surpassing the $603.66 million estimate and marking a 47.82% increase from the previous year.
August 28, 2024 | 8:08 pm
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Affirm Holdings reported a significant earnings beat for Q4 2024, with adjusted EPS of $(0.14) surpassing the $(0.51) estimate and sales of $659 million exceeding the $603.66 million estimate. This performance represents a 47.82% increase in sales compared to the same period last year.
The significant beat on both EPS and sales estimates, along with a substantial year-over-year sales increase, is likely to positively impact AFRM's stock price in the short term. Investors often react favorably to such earnings surprises.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100