MoneyLion Inc expected to post a loss of 8 cents a share - Earnings Preview

Moneylion

03/05/2024 15:41

* MoneyLion Inc  ML.N   ML  is expected to show a rise in
quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The New York City-based  company is expected to report a
24.2% increase in revenue to $116.314 million from $93.67
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for MoneyLion Inc is for a
loss
of 8 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for MoneyLion
Inc is
$95.00​, above​ its last closing price of $68.97. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.51       -0.43      -0.33     Beat    23.7
 Sep. 30 2023  -1.16       -1.16      -0.40     Beat    65.5
 Jun. 30 2023  -1.57       -1.56      0.18      Beat    111.5​
 Mar. 31 2023  -1.94       -1.95      -1.29     Beat    33.8
 ​​Dec.                    -3.45      0.06      Beat    101.7
 31 2022                                                
 Sep. 30 2022  -3.60       -3.60      -2.70     Beat    25​
 Jun. 30 2022  -3.42       -3.40      -3.30     Beat    2.9
 Mar. 31 2022  -3.45       -3.45      -0.90     Beat    73.9
 This summary was machine generated May 3 at 14:41 GMT.  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)