Earnings to watch: NerdWallet (NRDS) reports Q3 results tomorrow

What happened

NerdWallet is scheduled to report its third-quarter results this Thursday after the market closes. Analysts expect revenue to grow 4.2% year over year, slower than the 12.4% growth recorded in the same quarter last year; estimates were generally unchanged over the past 30 days.

Confirmed

Global impact / market context

Revenue growth measures how quickly the company is bringing in sales, while the slower expected pace could point to less momentum in its financial guidance business. Results against forecasts may influence investor views of future sales, especially after last quarter’s earnings-per-share shortfall.

Analyst inference

Last quarter, NerdWallet reported revenue of $197.3 million, up 5.6% year over year, but missed analysts’ earnings-per-share estimates significantly and EBITDA estimates slightly. EBITDA is a measure of operating performance before interest, taxes, depreciation, and amortization; peers’ results were mixed but exceeded expectations.

Confirmed

What to watch

1. Compare reported revenue growth with the 4.2% analysts expect; a larger or smaller gap would change how investors assess the business’s near-term sales momentum. Analyst inference
2. Check whether NerdWallet reports earnings per share and EBITDA above or below expectations, since last quarter it missed both measures, particularly earnings per share. Analyst inference
3. Look for any updated company outlook on sales or costs; the article says analyst estimates were generally reconfirmed in the past 30 days, not that guidance was issued. Analyst inference

Evidence

• stockstory.org