Zip Co (ASX:ZIP) reported Tuesday that its earnings per diluted share from continuing and discontinued operations in the fiscal first half fell to AU$0.0182, from AU$0.0708 per diluted share a year earlier.
Analysts polled by Visible Alpha were expecting an EPS of AU$0.038.
Revenue for the six months ended Dec. 31, 2024, was AU$509.2 million, up 20% from AU$425.5 million in the same period last year with a portfolio interest income of AU$408.6 million. Analysts surveyed by Visible Alpha expected a portfolio income AU$509.3 million.
The company said it is on track for its fiscal year results to be within its two-year target range of 8% to 9% and expects to deliver cash earnings before tax, depreciation, and amortization of at least AU$147 million. Analysts polled by Visible Alpha expect net earnings of AU$0.069 per diluted share on portfolio income of AU$1.05 billion.
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