Green Dot (NYSE:GDOT – Get Free Report) issued an update on its FY24 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $1.45-$1.59 for the period, compared to the consensus estimate of $1.51. Green Dot also updated its FY 2024 guidance to 1.450-1.450 EPS.
Green Dot Trading Up 13.6 %
GDOT traded up $1.20 during trading on Friday, reaching $10.05. The stock had a trading volume of 619,667 shares, compared to its average volume of 598,660. Green Dot has a one year low of $7.30 and a one year high of $16.45. The company has a market capitalization of $534.76 million, a price-to-earnings ratio of -21.38 and a beta of 0.96. The stock’s 50 day moving average is $9.48 and its two-hundred day moving average is $9.14.
Green Dot (NYSE:GDOT – Get Free Report) last posted its quarterly earnings data on Thursday, May 9th. The financial services provider reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.15). Green Dot had a negative net margin of 1.60% and a positive return on equity of 4.48%. The company had revenue of $447.42 million for the quarter, compared to the consensus estimate of $415.70 million. On average, equities research analysts predict that Green Dot will post 1.03 earnings per share for the current year.
Wall Street Analyst Weigh In
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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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