Green Dot (GDOT) reported earnings on Wed 8 May 2019 (a/h)

** charts after earnings **

 

Green Dot beats by $0.08, beats on revs; guides Q2 revs below consensus; guides FY19 EPS below consensus, revs below consensus

• Reports Q1 (Mar) earnings of $1.51 per share, $0.08 better than the S&P Capital IQ Consensus of $1.43; revenues rose 6.3% year/year to $340.51 mln vs the $330.17 mln S&P Capital IQ Consensus.
• Co issues downside guidance for Q2, sees Q2 revs of $261 mln vs. $283.09 mln S&P Capital IQ Consensus.
• Co issues downside guidance for FY19, sees EPS of $2.82 to $2.91 from $3.59 to $3.67 vs. $3.64 S&P Capital IQ Consensus; sees FY19 revs of $1.114 bln to $1.134 bln vs. $1.14 bln S&P Capital IQ Consensus.