Affirm Holdings, Inc. (AFRM)
Affirm's Q2 Beat Fuels Profit Hopes, Analyst Says Guidance Much Better Than Expected
Affirm Holdings Inc AFRM shares climbed Thursday after the company reported strong fourth-quarter results.
Affirm soars as BNPL lender aims to turn profit ahead of Street targets
Affirm shares rose 33% on Thursday after the buy-now-pay-later lender trounced estimates for quarterly results and said it expects to be profitable by the fourth quarter of next fiscal year, sooner than Wall Street had forecast.
Affirm Nears Profitability and Wall Street Is Cheering
Affirm stock is rallying Thursday after the BNPL firm reported strong results and said it expects to turn a profit by the end of this fiscal year. Here's what you need to know.
Affirm's earnings beat sparks 32% surge: A strategic buy before re-rating?
Affirm has surged on strong earnings. Is the stock an attractive buy considering its rerating potential on future profitability?
Why Affirm Holdings Stock Is Skyrocketing Today
Affirm beat Wall Street's sales target in fiscal Q4, and its loss per share came in far lower than anticipated. Guidance for this year also came in much better than expected.
Affirm: Unnecessary Focus On GAAP Profits
Affirm reported impressive 48% revenue growth in FQ4 and recorded adjusted operating income of $150 million. The company has substantial catalysts in FY25 with digital wallets like Apple Pay and the expansion of use of the Affirm Card. The company aims for GAAP profitability by FQ4'25, a shift that may hinder stock performance due to market focus on meager GAAP metrics.
3 Fintech Stocks to Buy: AFRM, UPST, PYPL
New economy fintech and payment stocks exhibit strong growth and bullish prospects. Affirm's bullish earnings report last night should bolster this market segment further into 2025.
Affirm Shows Buy-Now-Pay-Later Is Here to Stay in Latest Results
Affirm NASDAQ: AFRM has seen wild fluctuations in its stock price over the past three years. Shares peaked at nearly $169 in November 2021 but are down 80% from that level today.
Affirm: Q4 2024 Earnings Surprise, Heads To GAAP Profits (Rating Upgrade)
Affirm's strong growth trajectory, driven by expanding merchant network and effective risk management, now makes it a compelling buy despite previous neutral stance. Impressive 33% y/y revenue growth expected in fiscal 2025, surpassing analyst expectations and showcasing Affirm's ability to grow both rapidly and profitably. Valuation at 17x forward non-GAAP operating profits, with potential for 19% adjusted operating margins and $600 million non-GAAP profits in the next 12 months.
Affirm Holdings, Inc. (AFRM) Q4 2024 Earnings Call Transcript
Affirm Holdings, Inc. (NASDAQ:AFRM ) Q4 2024 Earnings Conference Call August 28, 2024 5:00 PM ET Company Participants Zane Keller - Director of Investor Relations Max Levchin - Founder and Chief Executive Officer Michael Linford - Chief Financial Officer Conference Call Participants Jason Kupferberg - Bank of America Securities Reginald Smith - JPMorgan Ramsey El-Assal - Barclays William Nance - Goldman Sachs Andrew Bauch - Wells Fargo Robert Wildhack - Autonomous Research Kyle Peterson - Needham Dan Dolev - Mizuho Securities James Faucette - Morgan Stanley Timothy Chiodo - UBS Matthew O'Neill - FT Partners Operator Good afternoon and welcome to the Affirm Holdings Fourth Quarter Fiscal 2024 Earnings Call. Following the speakers' remarks, we will open the line for your questions.
Affirm Holdings (AFRM) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for Affirm Holdings (AFRM) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Affirm shares surge 16% after better-than-expected results, strong guidance
Affirm shares jumped Wednesday in after-hours trading following a beat on the top and bottom lines. The company reported a per share loss of 14 cents, while analysts were expecting a loss of 51 cents per share.
