Online money transfer platform Remitly (NASDAQ: RELY) will be announcing earnings results this Wednesday after market hours. Here’s what to look for.

Remitly beat analysts’ revenue expectations by 1.4% last quarter, reporting revenues of $419.5 million, up 24.7% year on year. It was a mixed quarter for the company, with an impressive beat of analysts’ EBITDA estimates but revenue guidance for next quarter slightly missing analysts’ expectations. It reported 8.9 million active customers, up 21.9% year on year.

Is Remitly a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, analysts are expecting Remitly’s revenue to grow 21.4% year on year to $427.3 million, slowing from the 32.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.16 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Remitly has only missed Wall Street’s revenue estimates once over the last two years, exceeding top-line expectations by 2.5% on average.

Looking at Remitly’s peers in the consumer internet segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Robinhood delivered year-on-year revenue growth of 26.5%, missing analysts’ expectations by 3.9%, and Coinbase reported a revenue decline of 21.6%, falling short of estimates by 1.8%. Robinhood traded down 8.9% following the results while Coinbase was up 16.5%.

Read our full analysis of Robinhood’s results here and Coinbase’s results here.

Questions about potential tariffs and corporate tax changes have caused much volatility in 2025. Investors in consumer internet stocks have been spared in this environment as share prices are down 18.1% on average over the last month. Remitly is down 6% during the same time and is heading into earnings with an average analyst price target of $19.63 (compared to the current share price of $12.84).

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