Affirm Holdings has become one of the most searched-for stocks on Zacks.com, with the digital commerce platform operator expected to post earnings of $0.34 per share for the current quarter, a year-over-year change of +47.8%. Over the last 30 days, the Zacks Consensus Estimate for that quarter has changed +3.5%, while the consensus estimate of $1.87 for the current fiscal year, indicating a year-over-year change of -66.2%, has moved +9.1%. For the next fiscal year, the consensus estimate of $2.87 points to a change of +53.3%, and has risen +7.9% over the past month. Those revisions, along with three other earnings-related factors, give Affirm Holdings a Zacks Rank #3 (Hold). On the revenue side, the consensus sales estimate for the current quarter is $1.21 billion, a year-over-year change of +30%, while estimates of $5.51 billion and $6.9 billion for the current and next fiscal years indicate changes of +29.4% and +25.2%. In its last reported quarter, Affirm Holdings posted revenues of $1.17 billion, up +33% year over year, beating the Zacks Consensus Estimate of $1.11 billion by +5.23%, with an EPS surprise of +1300% as EPS of $4.62 compared with $0.2 a year earlier. The stock carries a Zacks Value Style Score of D, indicating it trades at a premium to its peers.
Affirm Holdings IncRising consensus earnings and revenue estimates, plus a big prior-quarter EPS beat, point to improving financial expectations for Affirm.
