Affirm Holdings AFRM shares rose about 11% in trading on Friday after the buy-now, pay-later company reported stronger-than-expected fourth-quarter results and delivered its most profitable quarter on record. The company reported adjusted earnings per share of $4.62, compared with analysts' expectations of $3.77.
Is a “breakout on tap” for shares of Affirm?
Affirm posts better-than-expected revenue and gross merchandise volume in its fiscal fourth quarter.
Australian shoppers can now select installment payments powered by Affirm when they click on Shopify's Shop Pay button, Affirm said in a Thursday (Aug. 27) press release. This capability is enabled by the global partnership of Affirm and Shopify, in which the companies launch Shop Pay Installments powered exclusively by Affirm.
Affirm's latest quarter shows buy now, pay later (BNPL) moving deeper into everyday spending, where affordability depends less on financing one large purchase and more on giving consumers flexibility across a growing number of transactions. That pattern showed up clearly in the numbers for the fiscal fourth quarter released Thursday (Aug. 27).
Affirm stock rose amid fiscal Q4 earnings that topped estimates while fiscal 2027 guidance for a key e-commerce metric came in above views.
SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM) (“Affirm”) today reported financial results for its fiscal 2026 fourth quarter ended June 30, 2026. The results, which include a shareholder letter furnished to the U.S. Securities and Exchange Commission on Form 8-K, can be found in the “Quarterly Results” section of Affirm's investor relations website at https://investors.af...