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

Moneylion

08/08/2023 14:32

* MoneyLion Inc  ML.N  reported quarterly adjusted earnings
of 18
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for a loss of
$1.56 per share.
    * Revenue rose 22% to $106.54 million from a year ago;
analysts
expected $96.80 million. 
    * MoneyLion Inc's reported EPS for the quarter was a loss of
$2.71​.
    * The mean earnings estimate of analysts had fallen by
about 6.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * MoneyLion Inc shares had risen by 16.4% this quarter and
lost 24.8% so far this year.
    * The company reported a quarterly loss of $25.06 million.
    * Wall Street's median 12-month price target for MoneyLion
Inc is
$27.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 8 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -1.56          0.18           Beat
 Mar. 31 2023      -1.95          -1.29          Beat
 Dec. 31 2022      -3.45          0.06           Beat
 Sep. 30 2022      -3.60          -2.70          Beat