Affirm(AFRM)
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Affirm(AFRM) - 2024 Q2 - Quarterly Report
2024-02-07 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-39888 Affirm Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 84-2224323 ...
Why Affirm (AFRM) Might Surprise This Earnings Season
Zacks Investment Research· 2024-02-07 15:01
Investors are always looking for stocks that are poised to beat at earnings season and Affirm Holdings, Inc. (AFRM) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Affirm is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good ...
Affirm stock price: credit card delinquencies rise, earnings ahead
Invezz· 2024-02-07 08:00
Affirm (NASDAQ: AFRM) stock price has surged by over 155% in the past 12 months, beating the tech-heavy Nasdaq 100 index. The shares have dropped by more than 10% this year as some investors start to take profits.Credit card delinquencies are risingCopy link to sectionA likely catalyst for Affirm is that credit card delinquency rates are soaring as interest rates remain restrictive. Data shows that these delinquencies jumped by over 50% in 2023, the highest point since 2008. This is a big issue since Ameri ...
Will Rising Expenses Dampen Affirm's (AFRM) Q2 Earnings?
Zacks Investment Research· 2024-02-06 16:46
Affirm Holdings, Inc. (AFRM) is set to report its second-quarter fiscal 2024 results on Feb 8, after the closing bell.What Do the Estimates Say?The Zacks Consensus Estimate for second-quarter fiscal 2024 earnings per share of 7 cents suggests a 106.4% improvement from the prior-year loss of $1.10. The estimate remained stable over the past week. The consensus estimate for second-quarter fiscal 2024 revenues of $518.4 million indicates a 29.8% increase from the year-ago reported figure.Affirm beat on earning ...
Gear Up for Affirm Holdings (AFRM) Q2 Earnings: Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-02-05 15:21
Wall Street analysts expect Affirm Holdings (AFRM) to post quarterly earnings of $0.07 per share in its upcoming report, which indicates a year-over-year increase of 106.4%. Revenues are expected to be $518.42 million, up 29.8% from the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Ahead of a company's ea ...
3 Stocks to Buy to Ride the Fintech Wave Higher
InvestorPlace· 2024-01-31 08:48
Fintech growth stocks demonstrate innovative ideas and untapped possibilities in finance’s fast-changing environment. They change how we utilize money and banking. The worldwide fintech market was $257.26 billion in 2022. Estimates indicate it could reach $882.30 billion by 2030. Fintech market growth: how fast? The fintech market CAGR will be 17% from 2023-2030.This growth pattern reveals a rich location to invest in for future profit. There are over 26,000 fintech firms worldwide, introducing innovative i ...
Affirm Holdings (AFRM) Advances While Market Declines: Some Information for Investors
Zacks Investment Research· 2024-01-27 00:21
Affirm Holdings (AFRM) ended the recent trading session at $41.34, demonstrating a +1.55% swing from the preceding day's closing price. The stock outpaced the S&P 500's daily loss of 0.07%. Elsewhere, the Dow saw an upswing of 0.16%, while the tech-heavy Nasdaq depreciated by 0.36%.Prior to today's trading, shares of the operator of digital commerce platform had lost 20.78% over the past month. This has lagged the Business Services sector's gain of 1.03% and the S&P 500's gain of 3.05% in that time.Analysts ...
The Top 3 Stocks to Sell Before They Tank in 2024
InvestorPlace· 2024-01-26 19:03
Finding stocks to sell in 2024 isn’t hard, but actually executing is another matter. For example, bearish sentiment abounds around the Magnificent Seven as the S&P 500 hits all-time highs despite sweeping tech layoffs and overall economic unease. And sure, you could short a stock like Nvidia (NASDAQ:NVDA) on the grounds of massive overvaluation. But ask the thousands of traders who thought the same over the past year as the stock consistently climbed higher how that works out.Instead, if you’re looking for ...
3 Financial Stocks to Sell as the Sector Faces Margin Pressure in 2024
InvestorPlace· 2024-01-26 02:50
The United States banking sector had been in the spotlight in the first half of last year, as a series of events shook the industry and the markets. In March 2023, a wave of bond selloffs triggered by rising inflation expectations caused massive losses for banks holding long-term debt securities. In April, several regional banks collapsed due to liquidity problems and credit quality issues, sparking fears of a systemic banking crisis. Furthermore, there are definitely some financial stocks to sell you need ...
These 5 growth stocks are now in buy ranges
MarketBeat· 2024-01-25 13:01
Key PointsWith the recent uptrend in the S&P 500, several stocks with top revenue and earnings growth rates are actionable.Sales and earnings growth can tell you which stocks could be winners, while the chart shows the time to buy.Stocks from the infotech and biotech sectors are among the market's best growth performers.5 stocks we like better than ANSYSChart patterns and consolidations are worth watching, as they provide actionable guidance for making a purchase. With the recent uptrend in large-cap stocks ...