Recap: Green Dot Q4 Earnings

Green Dot 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.

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.

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).

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.

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