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Block Re-Focuses On Cash App, 8 Analysts Provide Their Takeaways From Q4 Results
Friday, February 23, 2024 - 12:13pm | 904Block Inc (NYSE: SQ) Thursday reported its fourth-quarter results and issued full-year guidance. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Keefe, Bruyette & Woods analyst Vasundhara Govil maintained a Market Perform rating, while...
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Affirm's Guidance Implies Slowdown In GMV Growth: 7 Analysts Examine Q2 Print
Friday, February 9, 2024 - 1:12pm | 952Shares of Affirm Holdings Inc (NASDAQ: AFRM) came under pressure in early trading on Friday, after rising sharply on the company’s upbeat results for the fiscal second quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Piper...
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Affirm Holdings Boosts Profits Despite Choppy Macro: 5 Of 6 Analysts Revise Forecasts Post-FQ1
Thursday, November 9, 2023 - 1:21pm | 587Shares of Affirm Holdings Inc (NASDAQ: AFRM) were rallying on Thursday, along with some other popular stocks. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Truist Securities On Affirm Holdings Analyst Andrew Jeffrey maintained a...
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Block's Bullish Stance With Cost-Savvy Moves Spark Analysts' Confidence In 2026 'Rule Of 40' Goal
Friday, November 3, 2023 - 11:02am | 737Shares of Block Inc (NYSE: SQ) were spiking higher on Friday, following the company's third-quarter earnings report. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Canaccord Genuity On Block Analyst Joseph Vafi reiterated a...
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'We Are Still In The Wait And See Stage': 5 PayPal Analysts Weigh In As Stock Tanks Despite Q2 Earnings Beat
Thursday, August 3, 2023 - 10:57am | 647Shares of PayPal Holdings Inc (NASDAQ: PYPL) tanked in early trading on Thursday, although the company reported an earnings beat for its second quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Truist Securities On PayPal...
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Affirm Holdings Faces Funding Pressures: 4 Analysts On Better-Than-Expected Earnings
Wednesday, May 10, 2023 - 10:21am | 532Shares of Affirm Holdings Inc (NASDAQ: AFRM) dipped during the premarket on Wednesday, despite the company reporting better-than-expected quarterly earnings. The report came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Truist Securities analyst...
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PayPal Faces Unbranded Margin Pressure: 5 Analysts On Q1 Print
Tuesday, May 9, 2023 - 12:03pm | 654Shares of PayPal Holdings Inc (NASDAQ: PYPL) tanked in early trading on Tuesday, despite the company reporting upbeat quarterly results. Here are some key analyst takeaways from the earnings release. Susquehanna On PayPal Holdings: Analyst James Friedman reiterated a Neutral rating while reducing...
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PayPal Touts $6B In Cash, Analyst Expects New Leadership To Prompt Accretive M&A
Tuesday, January 3, 2023 - 11:59am | 314Shares of PayPal Holdings Inc (NASDAQ: PYPL) started the new year with a bang, with a spike in early trading on Tuesday. Street revenue estimates appear “reasonable,” while the company’s net cash of around $6 billion offers “M&A/buyback flexibility” and new...
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High Interest Rates Bad News For Upstart And Affirm — What Investors Need To Know Ahead Of Earnings
Tuesday, November 8, 2022 - 2:52pm | 608With consumers becoming more aware of their spending habits in times of economic contraction and rising prices, companies built around personal lending can expect to experience hard times. Upstart Holdings Inc (NASDAQ: UPST) and Affirm Holdings Inc (NASDAQ: AFRM) are releasing their...
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Square Analyst Sees Market Share Opportunity With Direct Deposit
Friday, July 10, 2020 - 7:01am | 266What Happened: Square Inc (NYSE: SQ) could take as much as 20% of future market share due to the platform's speed when it comes to direct deposits, SunTrust Robinson Humphrey analyst Andrew Jeffrey said in a note earlier this week. Square has reportedly added over 11 million...
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Straight Cash: Analysts Bullish On Square's Q4 Earnings, Outlook
Thursday, February 27, 2020 - 3:25pm | 797Square Inc (NYSE: SQ) reported fourth-quarter results highlighted by an earnings beat and a bullish outlook of its Cash App. Square reported fourth-quarter cash earnings per share (CEPS) of 23 cents on total revenue of $1.31 billion versus expectations of 21 cents and $1.19 billion. Transaction-...
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SunTrust: Equifax Settlement Could Lift Stock Overhang
Monday, July 22, 2019 - 2:29pm | 349Equifax Inc. (NYSE: EFX) is reportedly nearing a settlement of around $700 million with government regulators, state attorneys general and a class action lawsuit. This settlement would “materially eliminate uncertainty around lingering breach expenses,” according to SunTrust...
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SunTrust: PayPal Is Trading At A Premium Valuation
Wednesday, July 19, 2017 - 11:58am | 432New partnerships with Apple Inc. (NASDAQ: AAPL), Samsung Pay, and Visa Inc (NYSE: V) Europe sent PayPal Holdings Inc (NASDAQ: PYPL) shares higher over the past week, leading SunTrust analyst Andrew Jeffrey to no longer see much upside. “We argue that recent appreciation has materially priced...
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SunTrust On Visa: 'We Remain Adamantly Bullish'
Friday, April 22, 2016 - 11:01am | 165Shares of Visa Inc (NYSE: V) have been volatile in the last one year and are up 15 percent since April 23, 2015. SunTrust Robinson Humphrey’s Andrew Jeffrey maintained a Buy rating for the company. The analyst commented, “We remain adamantly bullish and recommend that investors add on...
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'Europe A Welcome Addition To The Family'; SunTrust Lifts Visa Price Target To $100
Wednesday, April 20, 2016 - 10:40am | 157Visa Inc (NYSE: V) could benefit from a stabilizing capital markets and currency impact. SunTrust Robinson Humphrey’s Andrew Jeffrey maintained a Buy rating for the company, while raising the price target from $85 to $100. Positive Impact Of Europe Terming Visa Europe as a “...