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

NerdWallet

02/05/2023 22:02

* NerdWallet Inc  NRDS.OQ  reported quarterly adjusted
earnings of
2 cents​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for a loss
of 5 cents per share.
    * Revenue rose 31.4% to $169.60 million from a year ago;
analysts
expected $166.98 million. 
    * NerdWallet Inc's reported EPS for the quarter was 2
cents​.
    * The mean earnings estimate of analysts had fallen by
about 8.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * NerdWallet Inc shares had fallen by 16.0% this quarter and
gained 41.6% so far this year.
    * The company reported quarterly net income of $1.7 million.
    * Wall Street's median 12-month price target for NerdWallet
Inc is
$21.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
2 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      -0.10          -0.14          Missed