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Ahead of Affirm Holdings (AFRM) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics
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In its upcoming report, Affirm Holdings (AFRM - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.11 per share, reflecting an increase of 135.5% compared to the same period last year. Revenues are forecasted to be $885.01 million, representing a year-over-year increase of 26.7%.
The consensus EPS estimate for the quarter has undergone a downward revision of 1.7% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
With that in mind, let's delve into the average projections of some Affirm Holdings metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts predict that the 'Revenue- Merchant network' will reach $247.86 million. The estimate points to a change of +34.5% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Revenue- Card network' of $65.66 million. The estimate suggests a change of +38.3% year over year.
Analysts forecast 'Revenue- Interest income' to reach $435.90 million. The estimate points to a change of +15.6% from the year-ago quarter.
According to the collective judgment of analysts, 'Revenue- Servicing income' should come in at $36.98 million. The estimate indicates a change of +42.3% from the prior-year quarter.
The average prediction of analysts places 'Revenue- Gain on sales of loans' at $94.11 million. The estimate suggests a change of +47.9% year over year.
The consensus among analysts is that 'Gross Merchandise Volume (GMV)' will reach $10384.10 billion. The estimate is in contrast to the year-ago figure of $7600.00 billion.
Analysts' assessment points toward 'Active Consumers' reaching 24 . Compared to the present estimate, the company reported 20 in the same quarter last year.
Based on the collective assessment of analysts, 'Transactions per Active Consumer' should arrive at 6 . The estimate is in contrast to the year-ago figure of 5 .
Shares of Affirm Holdings have demonstrated returns of -3.9% over the past month compared to the Zacks S&P 500 composite's +2.4% change. With a Zacks Rank #3 (Hold), AFRM is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Ahead of Affirm Holdings (AFRM) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics
In its upcoming report, Affirm Holdings (AFRM - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.11 per share, reflecting an increase of 135.5% compared to the same period last year. Revenues are forecasted to be $885.01 million, representing a year-over-year increase of 26.7%.
The consensus EPS estimate for the quarter has undergone a downward revision of 1.7% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
With that in mind, let's delve into the average projections of some Affirm Holdings metrics that are commonly tracked and projected by analysts on Wall Street.
Analysts predict that the 'Revenue- Merchant network' will reach $247.86 million. The estimate points to a change of +34.5% from the year-ago quarter.
The collective assessment of analysts points to an estimated 'Revenue- Card network' of $65.66 million. The estimate suggests a change of +38.3% year over year.
Analysts forecast 'Revenue- Interest income' to reach $435.90 million. The estimate points to a change of +15.6% from the year-ago quarter.
According to the collective judgment of analysts, 'Revenue- Servicing income' should come in at $36.98 million. The estimate indicates a change of +42.3% from the prior-year quarter.
The average prediction of analysts places 'Revenue- Gain on sales of loans' at $94.11 million. The estimate suggests a change of +47.9% year over year.
The consensus among analysts is that 'Gross Merchandise Volume (GMV)' will reach $10384.10 billion. The estimate is in contrast to the year-ago figure of $7600.00 billion.
Analysts' assessment points toward 'Active Consumers' reaching 24 . Compared to the present estimate, the company reported 20 in the same quarter last year.
Based on the collective assessment of analysts, 'Transactions per Active Consumer' should arrive at 6 . The estimate is in contrast to the year-ago figure of 5 .
View all Key Company Metrics for Affirm Holdings here>>>Shares of Affirm Holdings have demonstrated returns of -3.9% over the past month compared to the Zacks S&P 500 composite's +2.4% change. With a Zacks Rank #3 (Hold), AFRM is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .