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Sezzle's strong earnings outlook and guidance boost investor confidence, similar to past positive earnings reports leading to price spikes.
What happened, with direct paths to the underlying reporting
Sezzle's stock rose 11.20% following a positive earnings outlook. Expected adjusted EPS for 2024 is above $9.80, beating analyst expectations. Company anticipates exceeding prior revenue growth guidance of 55%. Strong holiday demand and strategic execution drove fourth-quarter success. CEO notes credit losses are aligning with expectations, signaling stability.
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