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via finance.yahoo.comBusiness & Companies

Affirm earnings beat, but shares fall as consumer credit quality worsens

FROM THE WIRE · FINANCE.YAHOO.COM

Affirm stock fell amid fiscal Q1 earnings and revenue that topped Wall Street targets while consumer credit quality deteriorated. Continue Reading

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe stock of a mid-cap fintech reacts negatively despite results above expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Affirm reported fiscal Q1 revenue and earnings above Wall Street targets.
  2. 02Consumer credit quality deteriorated over the period.
  3. 03Shares fell after the results were published.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Affirm Holdings, Inc.AFRMStock69.66 USDMarket closedtoday -7.84%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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