Dave Inc reports results for the quarter ended in June - Earnings Summary

Dave

09/08/2023 19:45

* Dave Inc  DAVE.OQ  reported a quarterly adjusted loss of
$1.32​​
per share for the quarter ended in June. The lone analyst
forecast for the quarter was for a loss of $1.97 per share.
    * Revenue rose 33.7% to $61.24 million from a year ago;
analysts
expected $61.55 million. 
    * The mean earnings estimate of analysts had fallen by
about 3.5%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Dave Inc shares had risen by 22.9% this quarter and
lost 29.4%
so far this year.
    * The company reported a quarterly loss of $22.62 million.
    * Wall Street's median 12-month price target for Dave Inc is
$6.85
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 06:45 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -1.97          -1.32          Beat
 Mar. 31 2023      -1.72          -1.19          Beat
 Dec. 31 2022      -1.95          -1.29          Beat
 Sep. 30 2022      -1.98          -2.56          Missed