Affirm Holdings (AFRM) Reports Q1 Loss, Tops Revenue Estimates
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Affirm Holdings (AFRM) reported a Q1 loss of $0.31 per share, which was better than the expected loss of $0.36 per share. This is a decline from break-even earnings per share a year ago.
November 08, 2024 | 1:15 am
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Affirm Holdings reported a Q1 loss of $0.31 per share, better than the expected $0.36 loss, but a decline from last year's break-even EPS.
Affirm's reported loss was smaller than expected, which is a positive surprise for investors. However, the decline from last year's break-even earnings may temper enthusiasm. Overall, the better-than-expected results are likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100