Dave Inc reports results for the quarter - Earnings Summary

Dave

13/11/2024 15:34

* Dave Inc  DAVE.OQ  reported quarterly adjusted earnings of
3
cents​​ per share for the quarter .  The mean expectation of
five analysts for the quarter was for a loss of 11 cents per
share. Wall Street expected results to range from -19 cents
to 12 cents per share.
    * Revenue was $92.50 million​; analysts expected $80.70
million. 
    * Dave Inc's reported EPS for the quarter was 3 cents​.
    * The company reported quarterly net income of $500
thousand.
    * Dave Inc shares had risen by 57.2% this quarter and
gained 649.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the financial
technology (fintech) peer group is also "buy"

Wall Street's median 12-month price target for Dave Inc is 65.00
This summary was machine generated from LSEG data November 13 at
03:33 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      -0.11          0.03           Beat
 Jun. 30 2024      -0.18          0.47           Beat
 Mar. 31 2024      -0.28          0.12           Beat