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

NerdWallet

26/10/2023 22:02

* NerdWallet Inc  NRDS.OQ  reported a quarterly adjusted
loss of 1
cent​​ per share for the quarter ended in September. The mean
expectation of seven analysts for the quarter was for a loss
of 8 cents per share.
    * Revenue rose 7.2% to $152.80 million from a year ago;
analysts
expected $144.37 million. 
    * NerdWallet Inc's reported EPS for the quarter was a loss
of 1
cent​.
    * The mean earnings estimate of analysts had fallen by
about 140%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * NerdWallet Inc shares had fallen by 26.8% this quarter and
lost 32.2% so far this year.
    * The company reported a quarterly loss of $500 thousand.
    * Wall Street's median 12-month price target for NerdWallet
Inc is
$17.00 
    * 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
October 26 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      -0.08          -0.01          Beat
 Jun. 30 2023      -0.03          -0.14          Missed
 Mar. 31 2023      -0.05          0.02           Beat
 Dec. 31 2022      0.07           0.12           Beat