Nu Holdings Ltd. (NU) reported $2.94 billion in income for the quarter ended September 2024, representing a year-over-year improve of 37.7%. EPS of $0.12 for a similar interval compares to $0.07 a yr in the past.
The reported income compares to the Zacks Consensus Estimate of $3.01 billion, representing a shock of -2.13%. The corporate delivered an EPS shock of +20.00%, with the consensus EPS estimate being $0.10.
Whereas traders intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they evaluate to Wall Road expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher venture a inventory’s worth efficiency.
Right here is how Nu carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- Lively clients: 91.7 million in comparison with the 90.43 million common estimate based mostly on two analysts.
- Income- Price and fee earnings: $469.38 million versus $492.28 million estimated by two analysts on common.
- Income- Curiosity earnings and good points (losses) on monetary devices: $2.47 billion versus $2.51 billion estimated by two analysts on common.
View all Key Company Metrics for Nu here>>>
Shares of Nu have returned +11.7% over the previous month versus the Zacks S&P 500 composite’s +3% change. The inventory at the moment has a Zacks Rank #3 (Maintain), indicating that it might carry out in step with the broader market within the close to time period.
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Nu Holdings Ltd. (NU) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
