Green Dot Reaffirms FY24 Guidance Range For Adj Total Operating Revenues Of $1.55B-$1.60B (Est $1.594B), Adj EPS Of $1.45 - $1.59 (Est $1.56)
Portfolio Pulse from Benzinga Newsdesk
Green Dot reaffirms its FY24 guidance for adjusted total operating revenues of $1.55B-$1.60B and adjusted EPS of $1.45-$1.59, aligning closely with analyst estimates. The company also maintains its adjusted EBITDA guidance of $170M-$180M, indicating a 2% year-over-year growth at the midpoint.
May 09, 2024 | 10:03 pm
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POSITIVE IMPACT
Green Dot reaffirms its FY24 financial guidance, indicating confidence in its operational and financial strategy.
Reaffirming guidance often signals to investors that a company is on track to meet or exceed its financial targets, which can positively influence investor sentiment and potentially lead to an increase in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100