Green Dot (NYSE:GDOT) reported its Q4 earnings results on Thursday, February 24, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Green Dot missed estimated earnings by 12.9%, reporting an EPS of $0.27 versus an estimate of $0.31.
Revenue was up $46.69 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 1.14% drop in the share price the next day.
Here's a look at Green Dot's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.37 | 0.42 | 0.88 | 0.18 |
| EPS Actual | 0.43 | 0.68 | 0.83 | 0.31 |
| Revenue Estimate | 305.45M | 312.48M | 362.48M | 257.63M |
| Revenue Actual | 328.92M | 357.94M | 379.81M | 274.52M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Green Dot management provided guidance for their next quarter, expecting earnings between $2.22 and $2.35 per share for the next quarter.
This represents a 746.3% in quarter-over-quarter growth for Green Dot, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
