Affirm Holdings (AFRM) Q3 Earnings Top Estimates

Core Viewpoint - Affirm Holdings reported quarterly earnings of $0.01 per share, surpassing the Zacks Consensus Estimate of a loss of $0.09 per share, marking an earnings surprise of 111.11% [1] - The company has consistently exceeded consensus EPS estimates over the last four quarters [2] Financial Performance - Affirm Holdings generated revenues of $783.14 million for the quarter ended March 2025, slightly missing the Zacks Consensus Estimate by 0.09%, compared to $576.16 million in the same quarter last year [2] - The company has topped consensus revenue estimates three times in the last four quarters [2] Stock Performance and Outlook - Affirm Holdings shares have declined approximately 15.4% year-to-date, while the S&P 500 has decreased by 4.3% [3] - The company's earnings outlook is crucial for assessing future stock performance, with current consensus EPS estimates at $0.08 for the upcoming quarter and -$0.06 for the current fiscal year [4][7] Industry Context - The Internet - Software industry, to which Affirm Holdings belongs, is currently ranked in the top 37% of over 250 Zacks industries, indicating a favorable environment for stock performance [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked using tools like the Zacks Rank [5][6]