Nu Holdings Ltd. reports results for the quarter ended September 30 - Earnings Summary

• Nu Holdings Ltd. NU.N reported quarterly adjusted earnings of 22 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 17 cents. The mean expectation of ten analysts for the quarter was for earnings of 22 cents per share. Wall Street expected results to range from 21 cents to 25 cents per share.

• Revenue rose 39.5% to $5.82 billion from a year ago; analysts expected $5.68 billion.

• Nu Holdings Ltd.'s reported EPS for the quarter was 22 cents​.

• The company reported quarterly net income of $1.09 billion.

• Nu Holdings Ltd. shares had fallen by 2.7% this quarter and lost 26.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.3% 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 15 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

• Wall Street's median 12-month price target for Nu Holdings Ltd. is $18.55, about 36.2% above its last closing price of $11.83

This summary was machine generated from LSEG data November 12 at 11:28 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)