Green Dot (GDOT) Tops Q3 EPS by 14c

Green Dot (NYSE: GDOT) reported Q3 EPS of $0.25, $0.14 better than the analyst estimate of $0.11. Revenue for the quarter came in at $279.4 million versus the consensus estimate of $243.62 million.

“Green Dot posted strong third quarter results, which we attribute to increased demand for our consumer and BaaS offerings,” said Dan Henry, CEO. “We remained focused on unlocking new opportunities and capitalizing on the accelerated shift to digital banking and payments, further reinforcing our commitment to making modern banking and money movement accessible for all.”

GUIDANCE:

Green Dot sees FY2020 EPS of $1.95-$2.00, versus the consensus of $1.81. Green Dot sees FY2020 revenue of $1.175-1.185 billion, versus the consensus of $1.13 billion.

For earnings history and earnings-related data on Green Dot (GDOT) click here.

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