NerdWallet Inc reports results for the quarter ended in June - Earnings Summary

NerdWallet

02/08/2023 23:43

* NerdWallet Inc  NRDS.OQ  reported a quarterly adjusted
loss
of 14 cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for a loss
of 3 cents per share.
    * Revenue rose 14.5% to $143.30 million from a year ago;
analysts
expected $137.30 million. 
    * NerdWallet Inc's reported EPS for the quarter was a loss
of 14
cents​.
    * The mean earnings estimate of analysts had fallen by
about 6% in
the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * NerdWallet Inc shares had risen by 12.9% this quarter and
gained 10.6% so far this year.
    * The company reported a quarterly loss of $10.7 million.
    * Wall Street's median 12-month price target for NerdWallet
Inc is
$17.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 10:42 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.03          -0.14          Missed
 Mar. 31 2023      -0.05          0.02           Beat
 Dec. 31 2022      0.07           0.12           Beat
 Sep. 30 2022      -0.13          0.01           Beat