Green Dot: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Green Dot (NYSE:GDOT) reported Q4 earnings with an EPS of $0.14, missing estimates by -18.0% against an expected $0.17. Revenue increased by $25.09 million from the previous year. The company had previously experienced a 34.0% share price drop after missing Q3 EPS estimates.
February 27, 2024 | 9:20 pm
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Green Dot reported a Q4 EPS of $0.14, missing the estimated $0.17, with revenue increasing by $25.09 million from last year.
The missed earnings estimate is likely to negatively impact investor sentiment in the short term, especially considering the historical context of a 34.0% share price drop following the previous quarter's earnings miss. The increase in revenue may provide some buffer, but the missed EPS is a significant factor.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100