FMP
May 14, 2022 1:16 AM - Davit Kirakosyan
Affirm Holdings, Inc. (NASDAQ:AFRM) shares closed more than 31% on Friday following the company’s Q2 beat and raised 2022 guidance.
EPS came in at ($0.19), better than the Street estimate of ($0.53). Revenue was $355 million, compared to the consensus estimate of $344 million as gross merchandise volume (GMV) increased 73% year-over-year to $3.9 billion, compared to the consensus estimate of $3.79 billion.
Importantly, management highlighted a plan to achieve “sustained” adjusted operating income profitability, on a run rate basis, by the end of 2023, demonstrating both the scale of its business model and management’s willingness to achieve profitability.
The company raised its full 2022-year GMV estimate to $15.04–$15.14 billion and revenue to $1.33–$1.34 billion compared to the previous $14.58–$14.78 billion and $1.29–$1.31 billion, respectively.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...