In this piece, I evaluated Affirm Holdings, Inc. (AFRM) and Intuit Inc. (INTU) to determine which stock could surpass earnings set to be released on August 24, 2023. Based on the fundamental comparison of these stocks, I believe INTU is more likely to beat earnings estimates and is a better buy for the reasons explained throughout this article.
AFRM, the payment network that empowers consumers and assists merchants in driving growth, will publish its fourth quarter and fiscal year 2023 results tomorrow. During the third quarter, AFRM reported a loss of $0.69 per share, still topping the consensus loss per share estimate of $0.91. The fintech company’s revenue was $381 million, beating the $366.90 million analysts expected.
