affirm stock earnings

The business had revenue of 361 million for the quarter compared to analyst estimates of 33307 million. P ayment network company Affirm saw its stock value decrease by 415 as of the Nasdaqs close Friday over a tweet that went out too early about its second-quarter earnings.

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AFRM Affirms current Earnings Per Share EPS is -321.

. Merchants on Affirm increased 64 from the prior quarter to 168000. AFRM stock slides 95 in premarket trading following Thursdays 21 drop after the Buy. Affirm stock drops 8 more as fiscal Q2 earnings year outlook fail to impress. Last week Affirm Holdings released its earnings report ahead of schedule causing the stock to drop by more than 20.

Affirm stock dropped 21 to a share price of 5868 on Thursday after the company reported second-quarter results ahead of schedule. Affirm shares fell 10 in premarket trading Friday after the fintech tweeted Q2 earnings details early. On Thursday Affirm reported a fiscal second-quarter EPS loss of 57 cents a larger loss that the 32 cents per share analysts had projected. Affirm Holdings appears a compelling earnings-beat candidate.

The tweet which said a great quarter is in the books was later deleted and Affirm said. Crisis at Affirm. Stock tanks after early earnings data gets posted on Twitter then deleted The popular BNPL service saw its market value plummet on. Affirm last issued its quarterly earnings results on February 10th 2022.

The report had been partly leaked earlier in. On average analysts forecast that AFRMs EPS will be -244 for 2022 with the lowest EPS forecast at -264 and the highest EPS forecast at -228. The Investor Relations website contains information about Affirm Holdings Incs business for stockholders potential investors and financial analysts. Join 500k Active Members Who Follow Our Free Penny Stock Picks.

Shares of Affirm were falling sharply Friday after the buy now pay later company issued a fiscal third-quarter revenue forecast that. 31 2021 was a big step in accomplishing this. 10 after the buy now pay later BNPL services provider posted its second-quarter earnings. Ad Join Our Newsletter Now For Free So You Dont Miss Our Next Big Alert.

AFRM dropped 16 to 4914 after the company said it expects revenue in the current quarter of 325 million to 335 million below Wall Street forecasts of 3355 million. Earnings for Affirm are expected to grow in the coming year from 244 to 153 per share. Price to Earnings Ratio vs. Affirms earnings results for the 2022 second quarter ended Dec.

Is Affirm Holdings Stock a Buy Now. The Market The PE ratio of Affirm is -1427 which means that its earnings are negative and its PE ratio cannot be compared to companies with positive earnings. The company reported earnings per share of -57 cents compared to the -37. Affirm accidentally released earnings information early causing a rout in its stock.

Heres how the company did versus Refinitiv consensus. Find the latest Earnings Report Date for Affirm Holdings Inc. The metric includes an 82 million increase in stock-based compensation following Affirms January 2021 initial public offering. The reported 057 earnings per share EPS for the quarter missing analysts consensus estimates of 044 by 013.

10 after the buy now pay later BNPL services provider posted its second-quarter earnings. When that news broke investors sold off Affirm stock in droves sending the shares plunging 214 by the end of the day and then down another 10. This Analyst Says Sell the Shares. The business actually met or exceeded expectations on many fronts and Affirm raised guidance.

AFRM stock price plunged 21 on Feb. However investors should pay attention to other factors too for betting on. AFRM stock price plunged 21 on Feb.

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