Green Dot Reports Second Quarter 2018 Results

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Green Dot (GDOT) PT Raised to $76 at Cowen Following 2Q

August 9, 2018 7:51 AM EDT

Cowen raised its price target on Green Dot (NYSE: GDOT) to $76.00 (from $65.00) while maintaining a Market Perform rating following the company's 2Q earnings report. Revenue of $258M was up 16% and was ~$6.5M ahead of Cowen's above consensus estimate. Revenue growth was contributed... More

Green Dot (GDOT) Tops Q2 EPS by 11c; Raises Outlook

August 8, 2018 4:15 PM EDT

Green Dot (NYSE: GDOT) reported Q2 EPS of $0.74, $0.11 better than the analyst estimate of $0.63. Revenue for the quarter came in at $258.3 million versus the consensus estimate of $250.74 million.

GUIDANCE:

Green Dot sees Q3 2018 EPS of $0.41, versus the consensus of $0.52. Green... More