Affirm Holdings (AFRM) Misses Q1 EPS by 83c, Revenue Beats, Offers Guidance, Expands Pact with Amazon
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Go back to Affirm Holdings (AFRM) Misses Q1 EPS by 83c, Revenue Beats, Offers Guidance, Expands Pact with Amazon
November 11, 2021 7:05 AM EST
BofA Securities analyst Jason Kupferberg raised the price target on Affirm Holdings Inc. (NASDAQ: AFRM) to $191.00 (from $183.00) while maintaining a Buy rating.
The analyst commented, "Following Affirms (AFRM) F1Q results and guidance, we are increasing our F22/F23 revenue estimates to... More
November 11, 2021 5:42 AM EST
Shares of Affirm (NASDAQ: AFRM) are up 28% in pre-open Thursday after the company reported its fiscal first quarter results.
Affirm reported Q1 EPS of ($1.13), a big miss compared to the analyst estimate of ($0.30). Revenue for the quarter came in at $269.4 million to top the consensus estimate of $248.23 million.
Our strong quarter once again demonstrates the continued momentum across Affirm as more people embrace the transparency, flexibility and value our solutions provide, said Max Levchin, Founder and CEO of Affirm.
Affirm shares were boosted by news that the... More
November 10, 2021 6:01 PM EST
Affirm Holdings (NASDAQ: AFRM) shares were trading around 27% higher after-hours, following the companys reported Q1 results, with EPS coming in at ($1.13), worse than the consensus estimate of ($0.30). Quarterly revenue was $269.4 million, beating the consensus estimate of $248.23 million.
The company made an... More
