Earnings Preview: Green Dot

Green Dot GDOT announces its next round of earnings this Wednesday, May 05. Here is Benzinga's everything-that-matters guide for this Wednesday's Q1 earnings announcement.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Wall Street analysts see Green Dot reporting earnings of $0.88 per share on revenue of $362.48 million. In the same quarter last year, Green Dot reported EPS of $1.13 on revenue of $362.17 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

If the company were to report earnings in line when it publishes results Wednesday, earnings would be down 22.12%. Revenue would be up 0.09% from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q4 2021 Q3 2020 Q2 2020 Q1 2020
EPS Estimate 0.18 0.12 0.32 0.95
EPS Actual 0.31 0.25 0.43 1.13
Revenue Estimate 257.63 M 245.59 M 237.71 M 323.83 M
Revenue Actual 274.52 M 291.07 M 316.24 M 362.17 M

Stock Performance

Over the last 52-week period, shares of Green Dot are up 59.28%.

Do not be surprised to see the stock move on comments made during its conference call. Green Dot is scheduled to hold the call at 17:00:00 ET and can be accessed here.

Posted In: BZI-EPEarnings