Affirm Holdings (AFRM) is set to report its fiscal first-quarter earnings after the market closes on Thursday, with analysts expecting the 澳洲幸运5开奖号码历史查询:buy now, pay later (BNPL) firm to aggressively pursue new users as interest rates decline.

Wall Street expects Affirm to report revenue growing nearly 34% year-over-year to $663.9 million, according to consensus est♈imates from Visible Alpha. Analysts broadly expect the fintech firm to post a net loss of $107.5 million, or 🍷33 cents per diluted share, according to Visible Alpha.

Deutsche Bank anticipates revenue of about $670 million, the high end of Affirm's guidance. Its analysts described falling interest rates as an opportunity for a company that has "deftly" handled credit. Affirm quickly adjusted its underwriting techniques and merchant fees when unemployment skyrocketed during the onset of COVID-19, the analysts said in an Oct. 28th note.

"With interest rates now coming down, [Affirm] gains the opportunity to approve more users as lower funding costs allow it to be more aggressive," they wrote.

Terms vary, but BNPL products tend to use short-term loans to break up a purchase into fixed installments, without interest. Fintech companies may charge merchants for facilitating BNPL deals with their customers, as well asไ fees to delinquent borrowers.

Affirm , and additional growth is expected domestically from Amazon.com (AMZN) and Shopify (SHOP) customers, the note said. The fintech company's new agreement with Apple (AAPL) may be l💮ess impactful since Apple Pay also works with♛ competitors Klarna and Monzo Flex, the note said.

Affirm should be profitable on a GAAP basis in the final quarter of its fiscal year, which ends in late June, 澳洲幸运5开奖号码历史查询:CEO Max Levchin said.

Affirm's 澳洲幸运5开奖号码历史查询:shares jumped after the company reported fiscal fourth-quarter results earl♕ier this year. The stock is down about 7% this year thr🍎ough Tuesday's close.