Recap: Green Dot Q2 Earnings

Green Dot GDOT reported its Q2 earnings results on Thursday, August 4, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Green Dot beat estimated earnings by 34.55%, reporting an EPS of $0.74 versus an estimate of $0.55.

Revenue was down $2.84 million from the same period last year.

Last quarter the company beat on EPS by $0.21 which was followed by a 3.16% drop in the share price the next day.

Here's a look at Green Dot's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	0.85	0.31	0.37	0.42
EPS Actual	1.06	0.27	0.43	0.68
Revenue Estimate	391.14M	307.85M	305.45M	312.48M
Revenue Actual	394.68M	321.21M	328.92M	357.94M

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 FY 2022, expecting earnings between $2.35 and $2.49 per share.

To track all earnings releases for Green Dot visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Calendar