Nu Holdings is one of the largest digital banks in the world today. In this video, I will talk about the current state of Nu Holdings (NU 1.68%) and the recent earnings report. Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of Aug. 13, 2024. The video was published on Aug. 13, 2024. ...

13 August 2024 | 6:21PM EDT Nu Holdings (NU): 2024 First Take: Beat on better cost of risk and revenues Loan growth remains healthy on FX neutral basis Reported net income of $487mn (+29% gog, +117% yoy) was 15% above GSe and 13% above company-compiled consensus of $432mn with an all-time high ROE of 28.4% (+550bps gog). Recurring net income also improved 27% gog to $562mn, also beating GSe by 16%. While loans fell in US$, this mostly due to weaker FX, while the FX neutral growth remained healthy at 8% qoq. ...

Nu Holdings Ltd. (NYSE:NU) Q2 2024 Earnings Conference Call August 13, 2024 6:00 PM ET Corporate Participants Jorg Friedemann - IR Officer David Velez - Founder, Chairman, and Chief Executive Officer Guilherme Lago - Chief Financial Officer Youssef Lahrech - President and Chief Operating Officer Conference Call Participants Jorge Kuri - Morgan Stanley Pedro Leduc - Itaú Mario Pierry - Bank of America Geoff Elliott - Autonomous Yuri Fernandez - JPMorgan Tito Labarta - Goldman Sachs Eduardo Rosman - BTG Pactu ...

nu First Quarter 2024 Results Second Quarter 2024 Results1 | --- | --- | |---------|-------| | | | | | | | Q2 2024 | | Disclaimer This presentation speaks at the date hereof and the Company is under no obligation to update or keep current the information contained in this presentation. Any information expressed herein is subject to change without notice. Any market or other thirdparty data included in this presentation has been obtained by the Company from third-party sources. While the Company has compiled ...

Nu Holdings Ltd. (NU) reported $2.85 billion in revenue for the quarter ended June 2024, representing a yearover-year increase of 52.5%. EPS of $0.12 for the same period compares to $0.06 a year ago. The reported revenue represents a surprise of -1.88% over the Zacks Consensus Estimate of $2.9 billion. With the consensus EPS estimate being $0.10, the EPS surprise was +20.00%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...

Nu Holdings Ltd. (NU) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this company would post earnings of $0.09 per share when it actually produced earnings of $0.09, delivering no surprise. Over the last four quarters, the company has surpass ...

Investors might not be that familiar with this booming Buffett-owned fintech enterprise. Nu Holdings (NU 4.29%) began trading on the public markets in December 2021. It's been anything but a smooth ride since then. Shares tanked 57% in 2022. But since the start of 2023, this fintech stock has skyrocketed 176% (as of Aug. 6). There might be more upside over the long term. As of this writing, shares of Nu trade below $15, pressured by a 17% dip after mid-July. Does this make it a nobrainer buying opportunity? ...

The third quarter of 2024 has been eventful, to say the least. Following a start to August punctuated by severe global sell-offs, markets have been left reeling. Now that the recent downturns have proven that tech stocks aren't immune to vulnerabilities, there's a fresh emphasis among investors to buy into firms with a more sustainable outlook. There are many reasons why the burgeoning fintech landscape could take the mantle of Wall Street's most effective low-risk tech performers in the second half of 2024 ...

Nu Holdings Ltd. (NU) will report its second-quarter 2024 results on Aug 13, after the bell. The Zacks Consensus Estimate for earnings in the to-be-reported stands at 10 cents, indicating 11% sequential growth. The consensus estimate for revenues is pegged at $2.9 billion, indicating 6.1% sequential growth. There has been no change in analyst estimates or revisions lately. Image Source: Zacks Investment Research The company has an impressive earnings surprise history. Earnings surpassed the Zacks Consensus ...

The fintech world is buzzing, blending finance and tech in ways we've only dreamed of, with some amazing fintech stocks that savvy investors can consider. Despite economic downturns and regulatory challenges, the fintech industry has constantly evolved, proving its ability to stand the test of time. It has been a driving force in transforming the financial realm, making digital transactions easier, safer, and smoother for everyone. Additionally, the fintech sector continues to grow and shows no signs of sto ...