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Benzinga
Benzinga
Business
Henry Khederian

Why Affirm Shares Are Falling

Affirm Affirm Holdings Inc

Affirm Holdings Inc (NASDAQ:AFRM) shares are trading lower by 9.7% at $53.02 Friday morning after the company reported worse-than-expected second-quarter EPS results.

Affirm reported quarterly losses of 57 cents per share which missed the analyst consensus estimate of a loss of 34 cents by 67.65 percent. Affirm reported quarterly sales of $361.00 million which beat the analyst consensus estimate of $328.80 million by 10%.

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