Pagaya Technologies Q4 Adj EPS $0.02 Beats $(0.01) Estimate, Sales $218.04M Miss $222.63M Estimate
Portfolio Pulse from Benzinga Newsdesk
Pagaya Technologies reported its Q4 adjusted earnings per share (EPS) at $0.02, surpassing the estimated $(0.01), but its sales of $218.04M fell short of the expected $222.63M.
February 21, 2024 | 12:01 pm
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Pagaya Technologies reported a Q4 adjusted EPS of $0.02, beating the $(0.01) estimate, but missed sales forecasts with $218.04M against an expected $222.63M.
While Pagaya Technologies exceeded EPS estimates, indicating operational efficiency or cost control, the miss on sales forecasts could raise concerns about growth or market demand. The mixed results present a neutral outlook, as the positive EPS surprise may offset concerns about revenue shortfalls in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90