* NerdWallet Inc reported quarterly adjusted earnings of 9 cents per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -1 cents. The mean expectation of seven analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from zero cents to 6 cents per share.
* Revenue rose 25.2% to $191.30 million from a year ago; analysts expected $169.63 million.
* NerdWallet Inc's reported EPS for the quarter was breakeven results.
* The company reported quarterly net income of $100 thousand.
* NerdWallet Inc shares had fallen by 8.9% this quarter and lost 21.3% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by about 69.5% in the last three months.
* In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
* 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."
* The average consensus recommendation for the consumer lending peer group is also "buy"
Wall Street's median 12-month price target for NerdWallet Inc is $16.00 This summary was machine generated from LSEG data October 30 at 02:50 a.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Sep. 30 2024 0.03 0.09 Beat
Jun. 30 2024 -0.05 -0.12 Missed
Mar. 31 2024 0.01 0.01 Met
Dec. 31 2023 0.10 -0.01 Missed
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