NerdWallet Inc expected to post earnings of 10 cents a share - Earnings Preview

NerdWallet

13/02/2024 24:12

* NerdWallet Inc  NRDS.OQ   NRDS.O  is expected to show a
fall in
quarterly revenue when it reports  results on February 14 for
the period ending December 31 2023
    * The San Francisco California-based  company is expected to
report a 2.5% decrease in revenue to $138.425 million from $142
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 10 cents 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
$16.00​, below​ its last closing price of $16.09. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  0.07        0.07       0.12      Beat    61.5
 ​​Sep.        -0.13       -0.13      0.01      Beat    107.6
 30 2022                                                
 Jun. 30 2022  -0.10       -0.10      -0.14     Missed  -36.1​
 Mar. 31 2022  -0.14       -0.14      -0.16     Missed  -11.6
 Dec. 31 2021  -0.19       -0.19      -0.13     Beat    31.6
 This summary was machine generated February 13 at 00:12 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)