Nu Holdings Ltd. Reports Third Quarter 2023 Financial Results

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Nu Holdings (NU) results top consensus but fail to impress buy-side investors

November 15, 2023 10:21 AM EST

Brazilian online lender Nu Holdings (NYSE: NU) declined after it reported results for the third quarter. Overall, the financial services platforms performance was solid, but buy-side expectations were elevated heading into the print, leading to a negative reaction in the stock.

Nu Holding reported third quarter net income of $303 million, beating the consensus for $251 million. Nu... More