Green Dot Q4 2023 Adj EPS $0.14 Misses $0.17 Estimate, Sales $361.72M Beat $351.87M Estimate
Portfolio Pulse from Benzinga Newsdesk
Green Dot (NYSE:GDOT) reported Q4 2023 earnings of $0.14 per share, missing the consensus estimate of $0.17. However, their quarterly sales of $361.72 million exceeded the estimate of $351.87 million, marking a 7.45% increase from the previous year.
February 27, 2024 | 9:10 pm
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NEUTRAL IMPACT
Green Dot's Q4 2023 earnings missed EPS estimates but exceeded sales forecasts, showing a mixed financial performance.
The miss in EPS estimates could negatively impact investor sentiment and stock price in the short term. However, the beat on sales forecasts and the year-over-year sales growth could offset some of the negative impact, suggesting a neutral short-term price direction.
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