NerdWallet Announces Second-Quarter Earnings
NerdWallet, Inc. (NRDS) announced its second-quarter earnings, posting a profit of $0.11 per share, matching the consensus estimate provided by Zacks. This marks a significant turnaround from the previous year's loss of $0.12 per share, with figures adjusted for non-recurring items.
Quarterly Performance Overview
In the prior quarter, the company was anticipated to report a loss of $0.10 per share but managed to break even, delivering a surprising 100% positive variance.
Over the past four quarters, NerdWallet has exceeded analyst earnings estimates just once, indicating some inconsistency in performance.
Revenue Highlights
For the quarter ending June 2025, the company generated revenues of $186.9 million, which fell short of the Zacks consensus estimate by approximately 4.24%. This revenue figure represents an increase from $150.6 million a year earlier. Despite missing revenue expectations this quarter, NerdWallet has outperformed revenue estimates three times in the last four reporting periods.
Market Reaction and Investor Sentiment
The stock's immediate price movement and fut...