NU Earnings Prediction
The chart below shows how NU performed 10 days before and after its earnings report, based on data from the past quarters. Typically, NU sees a -1.03% change in stock price 10 days leading up to the earnings, and a +0.58% change 10 days following the report. On the earnings day itself, the stock moves by +0.96%. This data can give you a slight idea of what to expect for the next quarter's release.
NU Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
2.88B
38.64%
3.57%
Gross Margin
--
--
--
Operating Margin
25.10%
26.83%
-3.65%
Net Margin
19.19%
31.71%
9.66%
EPS
0.11
83.33%
10.00%
No Data Available
NU Earnings Analysis
Nu Holdings Ltd. Corporation (NU.N) Earnings Conference Call
Positive
Customer Base Expansion: Consistent customer growth, achieving 110 million customers by the end of the quarter, reflecting a 56% increase from 70 million recorded just two years ago.
Customer Growth in Brazil: Strong customer additions in Brazil continue to fuel growth, with an average of 1.1 million new customers each month, bringing the total to 98.8 million at quarter-end.
Revenue Surge Analysis: Revenue surged to $2.9 billion, driven by successful cross-sell and up-sell efforts, reflecting a 56% year-over-year increase.
Gross Profit Surge: Gross profit stands at $1.3 billion, marking a 67% year-over-year growth, with a gross margin of 45.8%.
Net Income and ROE Growth: Net income reached $553 million, leading to an annualized return on equity of 30%, with adjusted net income hitting $592 million, expanding 10% sequentially and 89% year-over-year.
Negative
Customer Growth Decline: Customer growth decreased by 10 basis points from last quarter to 4.4%.
NPL Risk Increase: 90-plus NPLs increased by 20 basis points to 7.2%, indicating a rise in risk.
FX Depreciation Impact: The average FX has depreciated, impacting the financial results negatively.
Credit Card Growth Slowdown: The number of active credit cards has been slowing down to around 38 million, despite adding 3.4 million clients in Brazil.
Provisioning Growth Discrepancy: Provisioning levels grew only 6% quarter-over-quarter, indicating a mismatch with loan growth.
NU FAQs
How does NU typically perform around its earnings report dates?
Is Nu Holdings Ltd. (NU) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
NU Earning Call Sentiment
Nu Holdings Ltd. (NU) Q3 2024 Earnings Call Transcript
1.0x
00:00
00:00
NU.N
-0.16%Positive
The earnings call summary indicates strong financial performance with record high revenue and net income growth. Despite some concerns in the Q&A about asset quality and NIM, management's optimistic guidance on expanding market share and improving product offerings supports a positive sentiment. The absence of share buybacks or dividends is neutral, but the overall financial health and strategic growth plans suggest a positive stock price movement.