Affirm’s Earnings Aren’t Just About Meeting Expections. Here’s What Wall Street Wants to See.

Affirm Holdings will have a lot to prove to Wall Street when it reports its fiscal first-quarter earnings results after Wednesday’s market close.

Analysts remain bearish on Affirm’s stock, with only four of the 18 analysts surveyed by FactSet rating shares the equivalent of a Buy. Eight have a Hold rating on shares, while six have a Sell rating. The average price target on shares is $16.53—down 21% from recent trading levels. This earnings cycle isn’t just about Affirm meeting expectations, it’s also about proving to Wall Street that the company’s business model of offering loans—often with no interest or fees—can thrive in an environment in which funding costs are higher and consumers are feeling their wallets are strained.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

UFC and WWE Owner TKO Reports First Quarterly EarningsThe Endeavor-controlled company completed its merger of the WWE and UFC in September.
مصدر: THR - 🏆 411. / 53 اقرأ أكثر »

Klaviyo Stock Falls After Its First Earnings Report as a Public CompanyThe company also provided a slightly better-than-expected revenue forecast for the December quarter.
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

The Better-Than-Expected Earnings Plus Cautious Commentary Trend ContinuesStocks Analysis by Christine Short covering: S&P 500, eBay Inc, Vertex Pharmaceuticals Inc, Gilead Sciences Inc. Read Christine Short's latest article on Investing.com
مصدر: Investingcom - 🏆 450. / 53 اقرأ أكثر »

RingCentral Earnings Edge Estimates and GuidanceThe company has been seeing an increasingly competitive environment in cloud-based communications.
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

Relaxed licensing helped fill classrooms, but lower earnings added to teacher turnoverWhile schools nationwide struggle to find enough teachers, one case study is pouring cold water on expedited licensure as a solution.
مصدر: komonews - 🏆 272. / 63 اقرأ أكثر »