NerdWallet (NRDS) Expected to Announce Earnings on Thursday

NerdWallet (NASDAQ:NRDS - Get Free Report) is expected to release its Q1 2025 earnings data after the market closes on Thursday, April 24th. Analysts expect the company to announce earnings of ($0.10) per share and revenue of $188.96 million for the quarter. NerdWallet has set its Q1 2025 guidance at EPS.

NerdWallet (NASDAQ:NRDS - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The company reported $0.01 earnings per share for the quarter, meeting analysts' consensus estimates of $0.01. The firm had revenue of $183.80 million for the quarter, compared to analysts' expectations of $168.33 million. NerdWallet had a negative return on equity of 2.08% and a net margin of 4.42%. On average, analysts expect NerdWallet to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NerdWallet Trading Up 3.3 %

NerdWallet stock traded up $0.28 during midday trading on Tuesday, hitting $8.70. The stock had a trading volume of 340,021 shares, compared to its average volume of 537,886. NerdWallet has a 52-week low of $7.55 and a 52-week high of $16.45. The company has a market capitalization of $644.74 million, a PE ratio of 21.75 and a beta of 1.41. The firm's fifty day moving average is $9.50 and its two-hundred day moving average is $12.20.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on NRDS. Morgan Stanley decreased their price objective on shares of NerdWallet from $15.00 to $12.00 and set an "equal weight" rating on the stock in a research report on Monday, February 24th. Barclays raised their price target on NerdWallet from $17.00 to $19.00 and gave the company an "overweight" rating in a report on Thursday, February 20th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $17.00.

NerdWallet Company Profile

NerdWallet, Inc operates a digital platform that provides consumer-driven advice about personal finance by connecting individuals and small and mid-sized businesses with financial products providers in the United States, the United Kingdom, Australia, and Canada. Its platform offers guidance to consumers through educational content, tools and calculators, and product marketplaces, as well as through NerdWallet app for various financial products, including credit cards, mortgages, insurance, SMB products, personal loans, banking, investing, and student loans.