Movement Alert｜Chime Financial, Inc. Intraday Rise 5.31% in Regular Trading, Q3 Beat and Higher Outlook Support Shares

Market Focus11-10

On November 10, Chime Financial, Inc. rose 5.31% in Regular Trading, trading at $33.07, with turnover of $58.82 million.

The move was supported by recently released quarterly results that exceeded market expectations, alongside stronger fourth-quarter and full-year revenue guidance and a target price increase to $45 with a buy rating maintained.

For the third quarter, Chime Financial, Inc. reported earnings of $0.11 per diluted share, compared with market expectations of $0.10, while revenue rose to $718.0 million from $543.5 million a year earlier and exceeded the $704.7 million consensus. The company guided fourth-quarter revenue to $757 million-$767 million versus expectations of $748.1 million, and raised full-year revenue guidance to $2.79 billion-$2.80 billion from $2.73 billion-$2.75 billion previously, above the $2.77 billion market view.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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