Green Dot Corp reports results for the quarter ended in December - Earnings Summary

Green Dot

28/02/2024 04:08

* Green Dot Corp  GDOT.N  reported quarterly adjusted
earnings of
14 cents​​ per share for the quarter ended in December, lower
than the same quarter last year, when the company reported EPS
of 34 cents.  The mean expectation of eight analysts for the
quarter was for earnings of 17 cents per share. Wall Street
expected results to range from 15 cents to 19 cents per share.
    * Revenue rose 7.5% to $361.72 million from a year ago;
analysts
expected $351.87 million. 
    * Green Dot Corp's reported EPS for the quarter was a loss
of 50
cents​.
    * The company reported a quarterly loss of $23.6 million.
    * Green Dot Corp shares had fallen by 15.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.9%
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 "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the consumer
lending
peer group is also "hold"

Wall Street's median 12-month price target for Green Dot Corp is
$11.25 
This summary was machine generated from LSEG data February 28 at
04:07 a.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
 Dec. 31 2023      0.17           0.14           Missed
 Sep. 30 2023      0.21           0.14           Missed
 Jun. 30 2023      0.36           0.37           Beat
 Mar. 31 2023      0.80           0.99           Beat