Green Dot (NYSE:GDOT – Get Free Report) issued an update on its FY24 earnings guidance on Thursday morning. The company provided EPS guidance of $1.45-$1.59 for the period, compared to the consensus EPS estimate of $1.51. Green Dot also updated its FY 2024 guidance to 1.450-1.450 EPS.
Green Dot Price Performance
Shares of NYSE:GDOT traded up $1.20 during midday trading on Friday, hitting $10.05. The company had a trading volume of 619,667 shares, compared to its average volume of 598,660. The company has a fifty day moving average of $9.48 and a two-hundred day moving average of $9.14. The company has a market cap of $534.76 million, a price-to-earnings ratio of -21.38 and a beta of 0.96. Green Dot has a 12-month low of $7.30 and a 12-month high of $16.45.
Green Dot (NYSE:GDOT – Get Free Report) last announced its quarterly earnings results on Thursday, May 9th. The financial services provider reported $0.46 EPS for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.15). The business had revenue of $447.42 million during the quarter, compared to the consensus estimate of $415.70 million. Green Dot had a negative net margin of 1.60% and a positive return on equity of 4.48%. Research analysts expect that Green Dot will post 1.03 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
Check Out Our Latest Stock Analysis on GDOT
About Green Dot
Green Dot Corporation, a financial technology and registered bank holding company, provides various financial services to consumers and businesses in the United States. It operates through three segments: Consumer Services, Business to Business Services, and Money Movement Services. The company provides deposit account programs, including consumer and small business checking account products, network-branded reloadable prepaid debit cards and gift cards, and secured credit programs.
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