Affirm (NASDAQ:AFRM) stock is treading water ahead of its June quarter earnings report, which should offer fresh insight into the company’s growth trajectory. Shares were trading at $77, down 11.6% from their high for the year.
Affirm’s Earnings to Shed Color on its Growth
Affirm, a top player in the buy now, pay later (BNPL) industry, will release its financial results this week. These numbers come a week after Klarna (NYSE:KLAR) published weak results, pushing its stock to its lowest level since May this year.
Klarna’s second-quarter results showed revenue rising 27% to $1.04 billion, with profit climbing to $27 million. However, the company reported sharp deterioration in Germany, its largest market by volume, a notable contrast with Affirm, whose biggest market is the US.
According to Benzinga data, analysts expect revenue to rise 26.2% to $1.11 billion, with earnings per share climbing from $0.53 in Q2’25 to $0.82 in the upcoming quarter. Affirm has missed estimates in each of the last three quarters.
