Remitly (US:RELY) ZACKS·2026-02-18 23:15Core Insights - Remitly Global, Inc. (RELY) reported quarterly earnings of $0.19 per share, significantly exceeding the Zacks Consensus Estimate of $0.02 per share, and compared to a loss of $0.03 per share a year ago, representing an earnings surprise of +1,037.73% [1] - The company achieved revenues of $442.18 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 3.44% and showing an increase from $351.89 million in the same quarter last year [2] - Remitly Global has consistently surpassed consensus EPS estimates over the last four quarters, indicating strong performance [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.06 on revenues of $424.94 million, and for the current fiscal year, it is $0.37 on revenues of $1.92 billion [7] - The estimate revisions trend for Remitly Global was favorable ahead of the earnings release, resulting in a Zacks Rank 2 (Buy) for the stock, suggesting expected outperformance in the near future [6] Market Performance - Remitly Global shares have underperformed the market, losing about 5.2% since the beginning of the year, while the S&P 500 has shown a zero return [3] - The outlook for the industry, particularly the Financial Transaction Services sector, is currently in the bottom 45% of Zacks industries, which may impact stock performance [8]