Green Dot (GDOT) reported earnings on Wed 9 May 2018 (a/h)

** charts after earnings **

 

Green Dot beats by $0.11, beats on revs; guides Q2 EPS below consensus, revs in-line; raises FY18 guidance

• Reports Q1 (Mar) earnings of $1.40 per share, excluding non-recurring items, $0.11 better than the Capital IQ Consensus of $1.29; revenues rose 24.5% year/year to $315 mln vs the $297.25 mln Capital IQ Consensus.
• Co issues guidance for Q2, sees EPS of $0.62, excluding non-recurring items, vs. $0.66 Capital IQ Consensus Estimate; sees Q2 revs of $249 mln vs. $248.17 mln Capital IQ Consensus Estimate.
• Co issues raised guidancefor FY18, sees EPS of $2.93-3.00 from $2.81-2.88, excluding non-recurring items, vs. $2.87 Capital IQ Consensus Estimate; sees FY18 revs of $1.002-1.012 bln from $982-997 mln vs. $998.23 mln Capital IQ Consensus Estimate.