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Remitly Global (RELY) Earnings Date, Estimates & Call Transcripts

Remitly Global logo
$22.61 +1.00 (+4.63%)
(As of 12/20/2024 05:40 PM ET)

Remitly Global Latest Earnings Summary

Actual EPS
(Oct. 30)
$0.01 Beat By $0.07
Consensus EPS
(Oct. 30)
-$0.06

Remitly Global released Q3 2024 earnings on October 30, 2024, reporting an EPS of $0.01, which beat the consensus estimate of -$0.06 by $0.07. Quarterly revenue rose 39.3% year-over-year to $336.53 million, above analysts' expectations of $320.71 million. With a trailing EPS of -$0.35, Remitly Global's earnings are expected to grow next year, from ($0.23) to ($0.04) per share.

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RELY Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

RELY Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Remitly Global Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20241-$0.10-$0.10-$0.10
Q2 20241-$0.10-$0.10-$0.10
Q3 20241-$0.05-$0.05-$0.05
Q4 20241-$0.05-$0.05-$0.05
FY 20244($0.30)($0.30)($0.30)

Remitly Global Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
10/30/2024Q3 2024-$0.06$0.01+$0.07$0.01$320.71M$336.53M
7/31/2024Q2 2024-$0.10-$0.06+$0.04-$0.06$302.33M$306.42M
5/1/2024Q1 2024-$0.14-$0.11+$0.03-$0.11$273.98M$269.12M
2/21/2024Q4 2023-$0.17-$0.19 -$0.02-$0.19$261.35M$264.76M
11/1/2023Q3 2023-$0.17-$0.20 -$0.03-$0.20$239.20M$241.60M
8/2/2023Q2 2023-$0.17-$0.11+$0.06-$0.11$215.85M$234.00M
5/3/2023Q1 2023-$0.18-$0.16+$0.02-$0.16$196.78M$203.87M
2/22/2023Q4 2022-$0.21-$0.11+$0.10-$0.11$180.85M$191.03M

Remitly Global Earnings - Frequently Asked Questions

Remitly Global (NASDAQ:RELY) last announced its quarterly earning data on Wednesday, October 30, 2024. Learn more on RELY's earnings history.

Remitly Global issued an update on its FY 2024 earnings guidance on Wednesday, October, 30th. The company issued revenue guidance of $1.3 billion-$1.3 billion, compared to the consensus revenue estimate of $1.2 billion.

In the previous quarter, Remitly Global (NASDAQ:RELY) reported $0.01 earnings per share (EPS) to beat the analysts' consensus estimate of ($0.06) by $0.07. Learn more on analysts' earnings estimate vs. RELY's actual earnings.

The conference call for Remitly Global's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Remitly Global's latest earnings report can be read online.
Read Transcript

Remitly Global (NASDAQ:RELY) has a recorded annual revenue of $1.18 billion.

Remitly Global (NASDAQ:RELY) has a recorded net income of -$117.84 million. RELY has generated -$0.35 earnings per share over the last four quarters.

Remitly Global's earnings are expected to grow from ($0.23) per share to ($0.04) per share in the next year.

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This page (NASDAQ:RELY) was last updated on 12/22/2024 by MarketBeat.com Staff
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