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via finance.yahoo.comBusiness & Companies

NerdWallet shares plunge 27.7% after quarterly EPS misses expectations

FROM THE WIRE · FINANCE.YAHOO.COM

Why NerdWallet (NRDS) shares are plunging today What happened? Shares of financial guidance platform NerdWallet (NASDAQ:NRDS) fell 27.7% in the morning session after the company reported its third-quarter financial results, which revealed that a sharp decline in auto insurance…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe share drop reflects weakness in auto insurance and EPS below estimates.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Shares fell 27.7% in the morning session after third-quarter results.
  2. 02Consumer revenue rose 12% year-over-year to $214.5 million.
  3. 03GAAP EPS was $0.23 versus analyst expectations of $0.34.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
NerdWallet, Inc.NRDSStock7.82 USDMarket closedtoday -0.89%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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