Consumer finance stocks beat Q1 revenue estimates by 1.9%

Earnings
โดย StockStory·Read original
Summary · why it matters

The 20 consumer finance stocks tracked by StockStory reported a satisfactory first quarter, with revenues beating analysts' consensus estimates by 1.9% and next quarter's revenue guidance coming in 0.7% above expectations. Credit Acceptance posted revenues of $406 million, up 1.4% year on year but missing estimates by 13.1%, while Sallie Mae delivered the best performance with revenues of $560 million, down 3.6% year on year but beating estimates by 3.9%. Nelnet was the weakest, with revenues of $353.2 million, down 7.1% year on year and missing estimates by 20.4%. Ally Financial reported revenues of $2.18 billion, up 5.5% year on year and beating estimates by 1.8%, and Affirm posted revenues of $1.04 billion, up 32.6% year on year and beating estimates by 4.3%. Share prices of the group have been resilient, rising 7.2% on average since the latest earnings results.

Impact on stocks 5

Financials± Mixed · 3 stocks
Nelnet Inc
NNI
▼ NegativeCapitalrelevance

Nelnet reported revenues of $353.2M, down 7.1% YoY and missing estimates by 20.4%.

SLM Corp
SLM
▲ PositiveCapitalrelevance

Sallie Mae delivered revenues of $560M, down 3.6% YoY but beating estimates by 3.9%.

Digital Finance & Tokenization · 2 stocks
Affirm Holdings Inc
AFRM
▲ PositiveCapitalrelevance

Affirm reported revenues of $1.04B, up 32.6% YoY, beating estimates by 4.3%.

Ally Financial Inc
ALLY
▲ PositiveCapitalrelevance

Ally Financial reported revenues of $2.18B, up 5.5% YoY, beating estimates by 1.8%.