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via smallcaps.com.auBusiness & Companies

Zip Co reaffirms $340m FY27 earnings target as US transactions surge

FROM THE WIRE · SMALLCAPS.COM.AU

Zip Co reaffirmed its $340m FY27 earnings target as Q1 transactions surged 18% to $4.6b, despite a $10.1m US fraud hit.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishReaffirming the earnings target despite a US fraud hit signals operational resilience for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Zip Co reaffirmed its $340m FY27 earnings target.
  2. 02Q1 transactions rose 18% to $4.6b.
  3. 03A $10.1m US fraud hit weighed on the period.

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