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NerdWallet reports Q1 EPS 29c, one estimate 42c

Reports Q1 revenue $222.2M, consensus $227.6M. “In Q1, strength in banking and personal loans revenue helped offset headwinds in auto insurance,” said Tim Chen, Co-Founder and Chief Executive Officer of NerdWallet (NRDS). “Looking ahead, I’m encouraged by our operational efficiency and strong balance sheet, which position us to accelerate our vertical integration strategy, while maintaining the flexibility to pursue alternative capital deployment opportunities.”

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