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A Preview of Nerdwallet Earnings – Nerdwallet (NASDAQ:NRDS)
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A Preview of Nerdwallet Earnings – Nerdwallet (NASDAQ:NRDS)

Nerdwallet NRDS is expected to report its latest quarterly earnings report on Tuesday, October 29, 2024. Here's what investors need to know before the announcement:

Analysts expect Nerdwallet to report one Earnings per share (EPS) of $0.03.

The market is waiting for Nerdwallet's announcement, hoping for news that beats estimates and provides optimistic forecasts for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Past profit performance

In the previous earnings release, the company missed EPS by $0.07, which resulted in a 21.8% decline in the share price in the following trading session.

Here's a look at Nerdwallet's past performance and the resulting price change:

quarter Q2 2024 1st quarter 2024 Q4 2023 Q3 2023
EPS estimate -0.05 0.01 0.10 -0.08
EPS actually -0.12 0.01 -0.03 -0.01
Price change % -22.0% -5.0% -1.0% 41.0%

EPS graphic

Stock performance

Shares of Nerdwallet were trading at $11.33 on October 25. Over the last 52 weeks, shares have risen 5.94%. Given that these returns are generally positive, long-term shareholders should be optimistic about this earnings release.

To keep track of all earnings releases for Nerdwallet, visit the earnings calendar on our website.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market news and data brought to you by Benzinga APIs

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