What's Going On With Sezzle Stock Thursday?

Sezzle Inc. SEZL shares are moving higher on Thursday after the company announced it expects to exceed its previously provided 2024 fiscal-year guidance.

The Details: Sezzle anticipates beating its prior revenue forecast of $159.4 million by 55% and exceeding its adjusted net income forecast of $5.6 million, now projecting $58 million. Additionally, the company now anticipates adjusted earnings per share of $9.80, compared to its previous guidance of 99 cents.

“Exceptional holiday demand and the effective execution of our strategic initiatives fueled our fourth-quarter outperformance, and gives us confidence that we will exceed our prior 2024 guidance,” said Charlie Youakim, CEO of Sezzle.

This announcement comes just ahead of the company’s attendance at the  27th Annual Needham Growth Conference on Jan. 16. Sezzle intends to file its 2024 fiscal-year earnings towards the end of February.

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SEZL Price Action: At the time of publication, Sezzle stock is trading 14.4% higher at $297.02, according to data from Benzinga Pro.

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