Green Dot (GDOT) Tops Q4 EPS by 6c
Green Dot (NYSE: GDOT) reported Q4 EPS of $0.56, $0.06 better than the analyst estimate of $0.50. Revenue for the quarter came in at $237.8 million versus the consensus estimate of $235.83 million.
Said Green Dot Founder and CEO, Steve Streit, “Green Dot’s products and platform model generated strong consolidated organic growth in Q4 which capped another truly amazing year of double-digit top and bottom line growth for our company. Both in the quarter and the full year, Green Dot succeeded in growing topline revenue, adjusted EBITDA and non-GAAP EPS, all well in excess of original guidance, and once again expanded both Q4 and full year operating and adjusted EBITDA margins, despite the continued material investments we’ve made in our operating platform and our future innovations roadmap. Green Dot’s long-term strategy is to create a unique, sustainable and highly valuable fintech ecosystem that fuels the engine of innovation for Green Dot and its many business partners, which we believe will help make Green Dot increasingly vital and growing for many years to come.”
GUIDANCE:
Green Dot sees FY2019 EPS of $3.59-$3.67, versus the consensus of $3.62. Green Dot sees FY2019 revenue of $1.114-1.134 billion, versus the consensus of $1.15 billion.
For earnings history and earnings-related data on Green Dot (GDOT) click here.
