Recap: Green Dot Q4 Earnings

Green Dot GDOT reported its Q4 earnings results on Thursday, February 24, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Green Dot missed estimated earnings by 12.9%, reporting an EPS of $0.27 versus an estimate of $0.31.

Revenue was up $46.69 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 1.14% drop in the share price the next day.

Here's a look at Green Dot's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.37 0.42 0.88 0.18
EPS Actual 0.43 0.68 0.83 0.31
Revenue Estimate 305.45M 312.48M 362.48M 257.63M
Revenue Actual 328.92M 357.94M 379.81M 274.52M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Green Dot management provided guidance for their next quarter, expecting earnings between $2.22 and $2.35 per share for the next quarter.

This represents a 746.3% in quarter-over-quarter growth for Green Dot, a bullish signal to many investors.

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings