CNBC Television
Affirm shares pop on beat on earnings and revenue beat
11/6/2025, 9:54:49 PM
Economic Summary
- The company reported an earnings beat with EPS of $0.23 versus the street estimate of $0.11, signaling stronger-than-expected profitability for the quarter and driving a share move higher (~4.5%).
- Revenue came in at $933 million versus $883 million expected, reflecting top-line strength; gross merchandise volume (GMV) of $10.8 billion also exceeded forecasts, indicating robust transaction activity on the platform.
- Management issued light guidance for the next quarter ($1.03–$1.06 billion), creating potential near-term caution despite an improved full-year GMV projection of $47.5 billion, which implies approximately $3.99 billion in annual revenue.
Bullish
- Quarterly EPS beat: $0.23 vs $0.11 estimate.
- Revenue beat: $933M vs $883M estimate.
- Gross merchandise volume topped forecasts at $10.8B; full-year GMV ahead at $47.5B.
Bearish
- Guidance for next quarter came in light at $1.03–$1.06 billion.
- Forward outlook may temper gains despite current beat and GMV strength.