GreenSky, Inc. (GSKY) Tops Q3 EPS by 1c

GreenSky, Inc. (NASDAQ: GSKY) reported Q3 EPS of $0.21, $0.01 better than the analyst estimate of $0.20. Revenue for the quarter came in at $113.91 million versus the consensus estimate of $121.75 million.

2018 Financial Guidance:

• Based on the Company's performance through the end of the third quarter, and current market conditions, GreenSky now expects the following for full year 2018:
• Transaction volume to increase between 30 and 35 percent to between $4.9 and $5.1 billion.
• Adjusted EBITDA to grow between 4 and 10 percent to between $165 and $175 million.

2019 Financial Guidance:

Based on the Company's fiscal 2018 expectations and fiscal 2019 planning, GreenSky expects the following for full year 2019:

Transaction volume to increase 28 to 36 percent over fiscal 2018 to between $6.4 and $6.8 billion.
Adjusted EBITDA to grow between 23 and 32 percent over fiscal 2018 to between $210 and $225 million.

For earnings history and earnings-related data on GreenSky, Inc. (GSKY) click here.

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