Affirm Holdings (AFRM) closed the most recent trading day at $42.87, moving +1.78% from the previous trading session. The stock outperformed the S&P 500, which registered a daily gain of 0.16%. On the other hand, the Dow registered a loss of 0.37%, and the technology-centric Nasdaq increased by 0.78%.

Shares of the operator of digital commerce platform have appreciated by 3.18% over the course of the past month, outperforming the Business Services sector's gain of 2.81% and the S&P 500's gain of 1.67%.

Market participants will be closely following the financial results of Affirm Holdings in its upcoming release. The company plans to announce its earnings on November 7, 2024. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $661.39 million, up 33.2% from the year-ago period.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.72 per share and revenue of $3.01 billion. These totals would mark changes of +56.89% and +29.72%, respectively, from last year.

Investors should also note any recent changes to analyst estimates for Affirm Holdings. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 12.16% upward. Right now, Affirm Holdings possesses a Zacks Rank of #1 (Strong Buy).

The Financial Transaction Services industry is part of the Business Services sector. This industry currently has a Zacks Industry Rank of 62, which puts it in the top 25% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.

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