Affirm Holdings (AFRM) Stock Drops Despite Market Gains: Important Facts to Note

Company Performance - Affirm Holdings closed at $64.95, reflecting a -1.05% change from the previous day, underperforming the S&P 500 which gained 0.73% [1] - The company is expected to report earnings of -$0.19 per share, indicating a year-over-year decline of 575%, while projected revenue is $799.77 million, up 35.3% from the previous year [2] - For the full year, earnings are projected at -$0.53 per share and revenue at $3.1 billion, showing increases of +68.26% and +33.44% respectively from the prior year [6] - Over the past month, shares of Affirm Holdings have decreased by 1.37%, lagging behind the Business Services sector's gain of 0.33% and the S&P 500's gain of 0.34% [5] Analyst Estimates - Recent changes in analyst estimates for Affirm Holdings are crucial as they reflect short-term business trends, with positive revisions indicating optimism about the company's outlook [3] - The Zacks Consensus EPS estimate has remained unchanged over the last 30 days, and Affirm Holdings currently holds a Zacks Rank of 3 (Hold) [7] Industry Context - Affirm Holdings operates within the Financial Transaction Services industry, which is part of the Business Services sector, currently holding a Zacks Industry Rank of 75, placing it in the top 30% of over 250 industries [4]