MoneyLion Q2 2024 GAAP EPS $0.26 Beats $0.11 Estimate, Sales $130.800M Beat $127.025M Estimate
Portfolio Pulse from Benzinga Newsdesk
MoneyLion (NYSE:ML) reported Q2 2024 GAAP EPS of $0.26, significantly beating the analyst estimate of $0.11. The company also reported sales of $130.8 million, surpassing the $127.025 million estimate and marking a 22.77% increase from the same period last year.
August 06, 2024 | 11:30 am
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MoneyLion reported Q2 2024 GAAP EPS of $0.26, beating the analyst estimate of $0.11 by 136.36%. Sales of $130.8 million also exceeded expectations, showing a 22.77% increase from the same period last year.
The significant beat on both EPS and sales estimates, along with a substantial year-over-year sales increase, is likely to positively impact MoneyLion's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100