Riskified Earnings Beat Expectations at $0.10, Profit Surpasses Estimates

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Riskified Earnings Beat Expectations at $0.10, Profit Surpasses Estimates

According to Riskified's (NYSE: RSKD) report, the earnings per share for the third quarter is $0.030, which is $0.10 better than analysts' expectations of -$0.070. The profit reported for this quarter was determined to be $78.85 million, while analyst expectations were $75.01 million.

Riskified's financial guidance for 2024 forecasts earnings between $322 million and $327 million. Analyst estimates were stated as $321.7 million.

The Riskified stock closed the day at $4.29, indicating a decline of -7.94% over the past three months. However, the stock has gained 2.14% over the last 12 months. In the past 90 days, Riskified has seen 1 positive earnings per share while reporting 3 negative earnings per share.

You can review how Riskified's stock price reacted to past earnings reports here. According to InvestingPro, Riskified's financial health score is "Quite Good."

Explore the latest earnings reports and all financial information of Riskified here. Stay updated with all developments related to balance sheets by visiting the Investing.com Earnings Calendar.