Green Dot Corporation (GDOT) is gaining from the expansion of its addressable market with the help of its banking-as-a-service (BaaS) account programs. The long-standing relationship with Walmart is driving its operating revenues. Meanwhile, low liquidity and no plan to pay dividends could be red flags for investors.Green Dot reported mixed third-quarter 2024 results. GDOT’s quarterly earnings per share (excluding 28 cents from non-recurring items) of 13 cents missed the Zacks Consensus Estimate by 23.5% an ...

Green Dot (NYSE: GDOT ) is a payment processor with six niche business divisions. The business is complex and not well-understood by the market. The business has had a very difficult few years, with negative y/y organic growth, ex-Apple, for nearlyAnalyst’s Disclosure: I/we have a beneficial long position in the shares of GDOT either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no busines ...

New Collaboration with Green Dot Enables Cash Deposits at Over 7,500 CVS Pharmacy Locations AUSTIN, Texas and SAN FRANCISCO, Dec. 20, 2024 /PRNewswire/ -- Varo Bank, the first all-digital nationally chartered bank in the U.S., today announced a collaboration with Green Dot Corporation (NYSE: GDOT) and CVS Health (NYSE: CVS) to enable deposits for no fee for millions of Varo Bank customers at over 7,500 participating CVS Pharmacy locations nationwide.1 Utilizing Green Dot's embedded finance platform (Arc) an ...

I issue a Strong Buy rating on Green Dot (NYSE: GDOT ) due to its severe undervaluation. I believe the market is undervaluing the embedded finance potential GDOT has as it improves its business through aIndividual Investor with ventures in pubic and private markets. I look for wonderful companies in the market that I have a capability of understanding, have strong intrinsic characteristics that separates and protects it from the competition and, that hopefully has a management team that acts with integrity ...

Green Dot Corporation (GDOT) reported mixed third-quarter 2024 results, with earnings missing the Zacks Consensus Estimate but revenues surpassing the same.See Zacks Earnings Calendar to stay ahead of market-making news.Despite the earnings miss, the stock has gained 3.7% since the earnings release on Nov. 7, 2024.Quarterly earnings per share (excluding 28 cents from non-recurring items) of 13 cents missed the consensus estimate by 23.5% and declined 7.1% from the year-ago quarter. Revenues of $406 million ...

Q3 2024 Results November 7th, 2024 Green Dot Corporation Safe Harbor Statement This presentation contains forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, among other things, statements regarding Green Dot's business and pipeline momentum, revenue and division trends, timing and impact of partner launches and 2024 guidance and outlook, and other future events that involve risks and uncertainties. Ac ...

Green Dot Corporation (NYSE:GDOT) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Tim Willi - Senior Vice President, Finance & Corporate Development George Gresham - Chief Executive Officer & President Jess Unruh - Chief Financial Officer Conference Call Participants Operator Hello, and welcome to the Green Dot Corp. Third Quarter 2024 Conference Call. All participants will be in a listen-only-mode. [Operator Instructions] Please note, this event is being recorded. I would ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 __________________________________________________ FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34819 (Exact name of Registrant as specified in its charter) Delaw ...

For the quarter ended September 2024, Green Dot (GDOT) reported revenue of $406.02 million, up 16.5% over the same period last year. EPS came in at $0.13, compared to $0.14 in the year-ago quarter.The reported revenue represents a surprise of +6.40% over the Zacks Consensus Estimate of $381.6 million. With the consensus EPS estimate being $0.17, the EPS surprise was -23.53%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...

Green Dot (GDOT) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -23.53%. A quarter ago, it was expected that this bank holding company would post earnings of $0.28 per share when it actually produced earnings of $0.25, delivering a surprise of -10.71%.Over the last four quarters, the ...