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Curious about Affirm Holdings (AFRM) Q2 Performance? Explore Wall Street Estimates for Key Metrics
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Wall Street analysts forecast that Affirm Holdings (AFRM - Free Report) will report quarterly earnings of $0.28 per share in its upcoming release, pointing to a year-over-year increase of 21.7%. It is anticipated that revenues will amount to $1.06 billion, exhibiting an increase of 22% compared to the year-ago quarter.
The current level reflects a downward revision of 8.7% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
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 use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some Affirm Holdings metrics that Wall Street analysts commonly model and monitor.
Analysts expect 'Revenue- Merchant network' to come in at $313.83 million. The estimate points to a change of +28.2% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenue- Card network' should arrive at $82.05 million. The estimate points to a change of +41.1% from the year-ago quarter.
The average prediction of analysts places 'Revenue- Interest income' at $484.64 million. The estimate indicates a year-over-year change of +18.4%.
The consensus estimate for 'Revenue- Servicing income' stands at $41.60 million. The estimate indicates a change of +45% from the prior-year quarter.
Analysts predict that the 'Revenue- Gain on sales of loans' will reach $132.79 million. The estimate indicates a change of +6% from the prior-year quarter.
It is projected by analysts that the 'Gross Merchandise Volume (GMV)' will reach $13321.57 billion. Compared to the current estimate, the company reported $10100.00 billion in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Active Consumers' of 25 . The estimate is in contrast to the year-ago figure of 21 .
Analysts forecast 'Transactions per Active Consumer' to reach 6 . The estimate compares to the year-ago value of 5 .
Shares of Affirm Holdings have demonstrated returns of -18.6% over the past month compared to the Zacks S&P 500 composite's +0.7% 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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Curious about Affirm Holdings (AFRM) Q2 Performance? Explore Wall Street Estimates for Key Metrics
Wall Street analysts forecast that Affirm Holdings (AFRM - Free Report) will report quarterly earnings of $0.28 per share in its upcoming release, pointing to a year-over-year increase of 21.7%. It is anticipated that revenues will amount to $1.06 billion, exhibiting an increase of 22% compared to the year-ago quarter.
The current level reflects a downward revision of 8.7% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
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 use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some Affirm Holdings metrics that Wall Street analysts commonly model and monitor.
Analysts expect 'Revenue- Merchant network' to come in at $313.83 million. The estimate points to a change of +28.2% from the year-ago quarter.
Based on the collective assessment of analysts, 'Revenue- Card network' should arrive at $82.05 million. The estimate points to a change of +41.1% from the year-ago quarter.
The average prediction of analysts places 'Revenue- Interest income' at $484.64 million. The estimate indicates a year-over-year change of +18.4%.
The consensus estimate for 'Revenue- Servicing income' stands at $41.60 million. The estimate indicates a change of +45% from the prior-year quarter.
Analysts predict that the 'Revenue- Gain on sales of loans' will reach $132.79 million. The estimate indicates a change of +6% from the prior-year quarter.
It is projected by analysts that the 'Gross Merchandise Volume (GMV)' will reach $13321.57 billion. Compared to the current estimate, the company reported $10100.00 billion in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Active Consumers' of 25 . The estimate is in contrast to the year-ago figure of 21 .
Analysts forecast 'Transactions per Active Consumer' to reach 6 . The estimate compares to the year-ago value of 5 .
View all Key Company Metrics for Affirm Holdings here>>>Shares of Affirm Holdings have demonstrated returns of -18.6% over the past month compared to the Zacks S&P 500 composite's +0.7% 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 >>>> .