Cross border payment processor Flywire (NASDAQ: FLYW) will be reporting results tomorrow after the bell. Here's what to expect.

Flywire beat analysts' revenue expectations by 13.3% last quarter, reporting revenues of $100.5 million, up 37.6% year on year. It was a solid quarter for the company, with full-year revenue guidance exceeding analysts' expectations.

Is Flywire a buy or sell going into earnings? Read our full analysis here, it's free.

This quarter, analysts are expecting Flywire's revenue to grow 14.1% year on year to $107.7 million, slowing from the 46.2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.07 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. Flywire has a history of exceeding Wall Street's expectations, beating revenue estimates every single time over the past two years by 12.2% on average.

Looking at Flywire's peers in the finance and HR software segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Workiva delivered year-on-year revenue growth of 17%, meeting analysts' expectations, and Paycom reported revenues up 10.7%, in line with consensus estimates. Workiva traded up 2.1% following the results while Paycom was down 10.4%.

Read our full analysis of Workiva's results here and Paycom's results here.

Stocks, especially growth stocks where cash flows further in the future are more important to the story, had a good end of 2023. But the beginning of 2024 has seen more volatile stock performance thanks to mixed inflation data, and while some of the finance and HR software stocks have fared somewhat better, they have not been spared, with share prices down 3.1% on average over the last month. Flywire is down 16.8% during the same time and is heading into earnings with an average analyst price target of $34.9 (compared to the current share price of $19.59).

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