Nu Holdings NU reported its Q1 earnings results on Monday, May 15, 2023 at 05:17 PM.
Here's what investors need to know about the announcement.
Earnings
Nu Holdings beat estimated earnings by 90.0%, reporting an EPS of $0.038 versus an estimate of $0.02.
Revenue was up $741.80 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 4.8% increase in the share price the next day.
Here's a look at Nu Holdings's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 0.01 | 0.010 | ||
EPS Actual | 0.02 | 0.002 | 0.003 | -0.01 |
Revenue Estimate | 1.47B | 1.22B | 907.82M | 624.15M |
Revenue Actual | 1.45B | 1.31B | 1.16B | 877.20M |
To track all earnings releases for Nu Holdings visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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