NerdWallet Inc expected to post earnings of 1 cent a share - Earnings Preview

NerdWallet

24/04/2024 01:31

* NerdWallet Inc  NRDS.OQ   NRDS.O  is expected to show a
fall in
quarterly revenue when it reports  results on April 25 for the
period ending March 31 2024
    * The San Francisco California-based  company is expected to
report a 7.4% decrease in revenue to $156.995 million from
$169.6 million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for NerdWallet Inc is for
earnings
of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for NerdWallet
Inc is
$18.50​, above​ its last closing price of $13.84. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.12        0.10       -0.01     Missed  -109.8
 Sep. 30 2023  -0.08       -0.08      -0.01     Beat    87.5
 Jun. 30 2023  -0.03       -0.03      -0.14     Missed  -320​
 Mar. 31 2023  -0.05       -0.05      0.02      Beat    136.8
 ​​Dec.        0.07        0.07       0.12      Beat    61.5
 31 2022                                                
 Sep. 30 2022  -0.13       -0.13      0.01      Beat    107.6​
 Jun. 30 2022  -0.10       -0.10      -0.14     Missed  -36.1
 Mar. 31 2022  -0.14       -0.14      -0.16     Missed  -11.6
 This summary was machine generated April 24 at 00:31 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)