Recap: Nu Holdings Q1 Earnings

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.

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.

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.

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