Green Dot Corp reports results for the quarter ended September 30 - Earnings Summary

Green Dot

08/11/2024 21:07

* Green Dot Corp  GDOT.N  reported quarterly adjusted
earnings of
13 cents​​ per share for the quarter ended September 30, lower
than the same quarter last year, when the company reported EPS
of 14 cents.  The mean expectation of five analysts for the
quarter was for earnings of 17 cents per share. Wall Street
expected results to range from 16 cents to 18 cents per share.
    * Revenue rose 16.1% to $409.74 million from a year ago;
analysts
expected $392.58 million. 
    * Green Dot Corp's reported EPS for the quarter was a loss
of 15
cents​.
    * The company reported a quarterly loss of $7.84 million.
    * Green Dot Corp shares had risen by 11.9% this quarter and
gained 32.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 22.7%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"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
$13.00 
This summary was machine generated from LSEG data November 8 at
09:07 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      0.17           0.13           Missed
 Jun. 30 2024      0.23           0.25           Beat
 Jan. 1 0001       0.73           0.59           Missed
 Dec. 31 2023      0.17           0.14           Missed