Affirm (NASDAQ:AFRM) updated its fourth quarter 2021 earnings guidance on Tuesday. The company provided earnings per share guidance of $- for the period. The company issued revenue guidance of $215 million-225 million, compared to the consensus revenue estimate of $210.43 million.
Shares of NASDAQ:AFRM traded up $4.40 on Friday, hitting $68.08. 99,070 shares of the company were exchanged, compared to its average volume of 3,082,924. The firm’s 50 day moving average price is $62.97. Affirm has a one year low of $46.50 and a one year high of $146.90. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.20 and a current ratio of 1.20.
Affirm (NASDAQ:AFRM) last released its quarterly earnings results on Sunday, May 9th. The company reported ($1.06) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.29) by ($0.77). The firm had revenue of $230.67 million during the quarter, compared to analyst estimates of $197.94 million. Affirm had a negative net margin of 34.01% and a negative return on equity of 53.97%. The business’s revenue was up 66.8% compared to the same quarter last year. Equities analysts predict that Affirm will post -1.75 EPS for the current year.
In related news, VP Siphelele Jiyane sold 12,137 shares of the company’s stock in a transaction dated Monday, March 15th. The stock was sold at an average price of $81.18, for a total transaction of $985,281.66. Following the transaction, the vice president now directly owns 6,360 shares of the company’s stock, valued at approximately $516,304.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Affirm Company Profile
Affirm Holdings, Inc operates a platform for digital and mobile-first commerce in the United States and Canada. The company's platform includes point-of-sale payment solution for consumers, merchant commerce solutions, and a consumer-focused app. Its payments network and partnership with an originating bank, enables consumers to pay for a purchase over time with terms ranging from one to forty-eight months.
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