Buffett-Backed Nu Holdings Stock Drops After Worse-Than-Expected Q1 Results: Details
Nu Holdings Ltd. (NYSE:NU) released its first-quarter results after Tuesday's closing bell. Here's a look at the details from the report. The Details: Nu Holdings reported earnings of 12 cents per share, which missed the consensus estimate of 13 cents. Quarterly revenue came in at $3.2 billion, which missed the Street estimate of $3.23 billion.Read Next: Trump Again Promises Lower Drug Prices By ‘Cutting Out Middlemen’ Like UnitedHealth, CVS: Will It Work This Time?For the first quarter, Nu Holdings reported: 4.3 million customers added in the first quarter, ...Full story available on Benzinga.com
