Green Dot Q3 Adj EPS $0.14 Misses $0.21 Estimate, Adj Sales $348.57M Beat $335.65M Estimate
Portfolio Pulse from Benzinga Newsdesk
Green Dot (NYSE:GDOT) reported Q3 adjusted earnings of $0.14 per share, missing the analyst consensus estimate of $0.21 by 33.33%. This is a 68.18% decrease from the same period last year. However, the company's adjusted sales of $348.57 million beat the analyst consensus estimate of $335.65 million, marking a 3.37% increase from the same period last year.
November 09, 2023 | 9:50 pm
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Green Dot's Q3 earnings missed analyst estimates but sales exceeded expectations. This mixed report may lead to uncertainty in the market.
Green Dot's earnings miss could negatively impact the stock price, but the sales beat could offset this. The mixed results create uncertainty, making it difficult to predict the short-term price direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100