Green Dot GDOT reported its Q2 earnings results on Thursday, August 4, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Green Dot beat estimated earnings by 34.55%, reporting an EPS of $0.74 versus an estimate of $0.55.
Revenue was down $2.84 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.21 which was followed by a 3.16% drop in the share price the next day.
Here's a look at Green Dot's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.85 | 0.31 | 0.37 | 0.42 |
EPS Actual | 1.06 | 0.27 | 0.43 | 0.68 |
Revenue Estimate | 391.14M | 307.85M | 305.45M | 312.48M |
Revenue Actual | 394.68M | 321.21M | 328.92M | 357.94M |
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 FY 2022, expecting earnings between $2.35 and $2.49 per share.
To track all earnings releases for Green Dot visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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