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.
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|
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).
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.
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