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What’s Happening With Affirm (AFRM) Stock During Wednesday’s Session?

Affirm Holdings Inc (NASDAQ: AFRM) shares are trading lower by 3.72% to $16.57 Wednesday morning. Traders and investors are watching for the company's second-quarter earnings report, confirmed for after the market close.
byHenry Khederian
February 8, 2023
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Affirm Holdings Inc (NASDAQ:AFRM) shares are trading lower by 3.72% to $16.57 Wednesday morning. Traders and investors are watching for the company’s second-quarter earnings report, confirmed for after the market close.

According to analyst consensus estimates, Affirm is expected to report revenue of $416.30 million on an EPS loss of 98 cents.

Last quarter the company missed EPS by 3 cents, which was followed by a 22.63% drop in the share price the next day.

See Also: Why SiNtx Technologies Stock Is Trading 45% Lower

According to data from Benzinga Pro, AFRM has a 52-week high of $83.57 and a 52-week low of $8.62.

 
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Lifeist Reports Highest Quarterly Gross Profit In History, Continues To Diversify Its Wellness Business

By Jelena Martinovic
April 2, 10:13 AM
Lifeist Wellness Inc. reported on Monday its financial results for the three and 12 months ended Nov. 30, 2023. The Toronto-based company said it achieved the highest quarterly gross profit in the company's history in the fourth quarter totaling CA$2 million ($1.5 million), representing a gross margin of 42%, compared to CA$1.9 million, or 31% gross margin, in the corresponding quarter of 2022."Our performance in the fourth quarter of 2023 reflects our strategic focus on high-margin activities and operational efficiency, resulting in the highest quarterly gross profit in our company's history," Meni Morim, CEO of Lifeist, said. "Though accompanied by unique hurdles, our focus towards enhancing gross profit has produced promising results." The company recently announced that it has entered into a definitive share purchase agreement with 1463663 B.C. Ltd., a newly incorporated affiliate of Tierra Corp., and the company's Canadian cannabis subsidiaries, collectively referred to as the CannMart Group, to divest and sell all of the shares of the CannMart Group to the buyer for CA$5 million.

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