Back to top

Image: Bigstock

Remitly Global Set to Report Q3 Earnings: What's in Store?

Read MoreHide Full Article

Key Takeaways

  • Remitly Global will report 3Q25 results on Nov. 5 after market close.
  • Revenues are expected to rise 22.6% y/y to $412.4 million.
  • New U.S. operations and expanded margins may boost earnings to 2 cents per share.

Remitly Global, Inc. (RELY - Free Report) will release third-quarter 2025 results on Nov. 5, after market close.

RELY has an impressive record of earnings surprises. In the third quarter of 2024, the company had an earnings surprise of 116.7%.

Remitly Global, Inc. Price and EPS Surprise

 

Remitly Global, Inc. Price and EPS Surprise

Remitly Global, Inc. price-eps-surprise | Remitly Global, Inc. Quote

RELY’s Q3 Expectations

The Zacks Consensus Estimate for the top line is set at $412.4 million, hinting at 22.6% growth from the year-ago quarter’s actual.

There are multiple factors that are likely to have aided the top line. We anticipate higher send volume, leading to an increase in transaction fees and foreign exchange spreads, to have improved revenues. Robust growth in active customers and a major shift towards digital platforms for money transfer services from the traditional ones are other factors likely to have supported revenue growth.

The Remitly business, launched in the United States in the second quarter of 2025, is anticipated to have been a growth engine for the company, providing an impetus to average transaction sizes and elevating customer value.

The consensus estimate for earnings per share is 2 cents, hinting at a year-over-year 100% upsurge from the year-ago quarter. Expanded margins are expected to have improved the bottom line.

What Our Model Says About RELY

Our proven model does not conclusively predict an earnings beat for RELY this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here. You can uncover the best stocks before they are reported with our Earnings ESP Filter.

Remitly Global has an Earnings ESP of 0.00% and a Zacks Rank of 1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Stocks to Consider

Here are a few stocks from the broader Business Services sector, which, according to our model, have the right combination of elements to beat on earnings this season.

Payoneer Global (PAYO - Free Report) : The Zacks Consensus Estimate for the company’s third-quarter 2025 revenues is pegged at $263.5 million, indicating 6.1% year-over-year growth. For earnings, the consensus estimate is pegged at 6 cents per share, implying a 45.5% decline from the year-ago quarter’s actual. The company beat the consensus estimate in one of the trailing four quarters and missed thrice, with an average surprise of 25.3%.

PAYO has an Earnings ESP of +1.63% and a Zacks Rank of 3. The company is scheduled to declare third-quarter 2025 results on Nov. 5.

Bitdeer Technologies Group (BTDR - Free Report) : The Zacks Consensus Estimate for third-quarter 2025 revenues is set at $161.1 million, indicating a more than 100% upsurge from the year-ago quarter’s actual. For loss, the consensus mark is pegged at 22 cents per share, whereas it incurred a loss of 35 cents in the year-ago quarter. BTDR surpassed the consensus estimate in one of the past four quarters and missed thrice, with an average negative surprise of 415.3%.

BTDR has an Earnings ESP of +27.27% and a Zacks Rank of 3. It is scheduled to declare third-quarter 2025 results on Nov. 11.


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Remitly Global, Inc. (RELY) - free report >>

Payoneer Global Inc. (PAYO) - free report >>

Bitdeer Technologies Group (BTDR) - free report >>

Published in