Chime Financial, Inc. reports results for the quarter ended September 30 - Earnings Summary

• Chime Financial, Inc. reported quarterly adjusted earnings of 15 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of -15 cents. The mean expectation of twenty analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from 4 cents to 16 cents per share.

• Revenue rose 32.1% to $718.00 million from a year ago; analysts expected $700.46 million.

• Chime Financial, Inc.'s reported EPS for the quarter was 11 cents​.

• The company reported quarterly net income of $43.72 million.

• Chime Financial, Inc. shares had risen by 5.9% this quarter and gained 12.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 41.3% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 24 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the financial technology (fintech) peer group is also "buy"

• Wall Street's median 12-month price target for Chime Financial, Inc. is $40.00, about 29.5% above its last closing price of $28.20

This summary was machine generated from LSEG data November 4 at 10:51 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)