MoneyLion Q1 2024 Adj EPS $0.60, Sales $121.006 Miss $116.314M Estimate
Portfolio Pulse from Benzinga Newsdesk
MoneyLion reported its Q1 2024 adjusted EPS at $0.60, surpassing expectations. However, its sales of $121.006 million fell short of the $116.314 million estimate.

May 07, 2024 | 11:32 am
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NEUTRAL IMPACT
MoneyLion's Q1 2024 earnings exceeded EPS expectations but missed on sales forecasts.
While MoneyLion's adjusted EPS outperformed, the miss on sales forecasts could temper investor enthusiasm. The mixed results present a neutral outlook, as the positive earnings surprise is offset by the sales miss, leading to uncertain short-term stock price movement.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100