NYSE$NU

Nu Holdings Ltd. · Q1 2024 earnings

Q1 2024 earnings · · Investor relations

Briefing

NU Q1 2024 — $2.70B revenue

The operations of these new markets are showing more accelerated results in number of customers, deposits, revenue and market share of credit card purchase volume than Braz. Nu Holdings Ltd. reported Q1 2024 results. Net income of $442.7M. Headline numbers extracted from the Form 6-K press release; narrative is light because this row was processed without an LLM call.

  • Revenue: $2.70B.
  • Net income: $442.7M.
  • Filed on Form 6-K (accession 0001292814-24-002077).

Headline financials

Total Revenue

$2.46B

Previous: $1.62B+51.9%
EPS (adj)

$0.09

Previous: $0.04+139.5%
Capital Expenditures

-$26.8M

No prior period
Net Income

$379M

No prior period
Operating Income

$579M

No prior period
Gross Profit

$1.72B

No prior period

Revenue & EPS history

Nu · Revenue · Quarterly

$2.46B

Q1 2024+51.9%vs Q1 2023
Beat estimate in 7 of 12 quarters(58%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 12 quarterly earnings reports · overlaid with Q1 2024

Historical avgQ1 2024

-0.3%

Avg return

Earnings day

-2.1%

Avg return

5 days after

+1.9%

Avg return

30 days after

62%

8 / 13 earnings

Positive

+29.9%

Q2 2022

Best reaction

-23.7%

Q4 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.8%-4.2%-4.9%
Q3 2025+1.5%+0.4%+8.4%
Q2 2025+9.1%+13.4%+30.6%
Q4 2024-18.9%-13.9%-13.1%
Q3 2024-4.1%-13.8%-24.6%
Q1 2024+6.2%+2.5%+2.1%
Q4 2023+1.3%+10.4%+21.4%
Q3 2023-3.3%-4.5%-0.1%
Q1 2023+5.0%+12.2%+26.5%
Q4 2022+7.6%+2.5%-5.3%
Q2 2022+29.9%+9.4%+27.5%
Q1 2022-15.4%-21.0%-27.0%
Q4 2021-23.7%-21.0%-17.3%
Q3 2021
Q2 2021
Q1 2021
Q3 2020
Q2 2020
Q4 2014

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