Nu Holdings Stock Drops 2.24% as Q4 EPS Forecasts Surge 50%
Nu Holdings Ltd. shares fell 2.24%, underperforming major U.S. indexes despite a 4.63% monthly gain. Analysts project Q4 EPS of $0.18, up 50% year-over-year, on $4.55 billion revenue, with full-year estimates at $0.60 per share and $15.64 billion in sales.
1. Market Performance
Nu Holdings Ltd. shares closed down 2.24%, lagging the S&P 500's 1.57% loss, the Dow's 1.34% drop and the Nasdaq's 2.04% decline. Over the past month, the stock has risen 4.63%, outpacing the Finance sector's 0.4% loss and the S&P 500's 0.29% decrease.
2. Q4 Earnings Forecast
Analysts forecast Q4 EPS of $0.18, representing a 50% increase from the year-ago quarter, driven by projected net sales of $4.55 billion, up 52.33% year-over-year. These estimates reflect strong revenue growth and margin expansion in the upcoming report.
3. Full-Year Projections and Valuation
For the full year, EPS are expected at $0.60 (up 33.33%) and revenue at $15.64 billion (up 35.82%). The company trades at a forward P/E of 20.19 versus an industry average of 11.94 and holds a PEG ratio of 0.57 compared to the sector’s 0.97, while analysts assign a Zacks Rank of #2 (Buy).