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0.00964265456608044 0.00368689733408949 0.00510493477027793 0.00567214974475314 -0.0226885989790132 -0.0116279069767443 -0.00884855360181522 -0.00595575723199095
Stock impact report

Remitly Global Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]

Remitly Global, Inc. (RELY) 
US:NASDAQ Investor Relations: realindustryinc.com
Company Research Source: Yahoo! Finance
Profit margin: 0.6% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. EPS: US$0.01 (up from US$0.20 loss in 3Q 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 5.0%. Earnings per share (EPS) also surpassed analyst estimates. Looking ahead, revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Diversified Financial industry in the US. Performance of the American Diversified Financial industry. The company's shares are up 22% from a week ago. Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Remitly Global that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commenta Show less Read more
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