Nu Holdings Ltd. reports financial results for the fourth quarter and full year 2024
$NU (-11,11%) Nu Holdings Ltd (NU) reported revenue of USD 2.99 billion for the quarter ended December 2024, an increase of 24.3% year-on-year.
Earnings per share (EPS) of $0.12 for the same period compares to $0.08 in the prior year.
The reported revenue is below the Zacks Consensus Estimate of $3.29 billion, which is a surprise of -9.26%.
The company did not deliver an EPS surprise, with the consensus EPS estimate coming in at $0.12.
Active customers: 94.9 million compared to the average estimate of 108.16 million based on three analysts.
Revenue - fee and commission income: $495.60 million versus the three analyst average estimate of $504.17 million.
Revenue - interest income and gains (losses) on financial instruments: USD 2.49 billion compared to the average estimate of USD 2.79 billion based on three analysts.