MoneyLion Inc. (ML) Reports Q3 Loss, Tops Revenue Estimates
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MoneyLion Inc. (ML) reported a Q3 loss of $0.25 per share, which was larger than the Zacks Consensus Estimate of a $0.10 loss. However, this is an improvement from the $0.40 loss per share a year ago.
November 07, 2024 | 3:00 pm
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MoneyLion Inc. reported a Q3 loss of $0.25 per share, missing the Zacks Consensus Estimate of a $0.10 loss. Despite this, the loss is an improvement from the $0.40 per share loss a year ago.
The reported loss per share of $0.25 is worse than the expected $0.10 loss, which is likely to negatively impact the stock price in the short term. However, the improvement from last year's $0.40 loss may provide some positive sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100