Sezzle Inc. (SEZL) Surpasses Q3 Earnings and Revenue Estimates

Core Viewpoint - Sezzle Inc. reported strong quarterly earnings of $2.92 per share, significantly exceeding the Zacks Consensus Estimate of $0.89 per share, marking an earnings surprise of 228.09% [1][2] Financial Performance - The company achieved revenues of $69.96 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 32.91%, compared to $40.84 million in the same quarter last year [2] - Over the last four quarters, Sezzle has exceeded consensus EPS estimates two times and topped revenue estimates twice [2] Stock Performance - Sezzle Inc. shares have increased approximately 1079.5% since the beginning of the year, outperforming the S&P 500's gain of 24.3% [3] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $2.21 for the coming quarter and $6.71 for the current fiscal year, alongside revenues of $65.18 million and $220.79 million respectively [7] - The estimate revisions trend for Sezzle Inc. is favorable, currently holding a Zacks Rank 1 (Strong Buy), indicating expected outperformance in the near future [6] Industry Context - The Financial Transaction Services industry, to which Sezzle belongs, is currently ranked in the top 31% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]