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MoneyLion Inc. (ML) Outperforms Broader Market: What You Need to Know
ZACKS· 2024-09-12 22:56
MoneyLion Inc. (ML) ended the recent trading session at $41.18, demonstrating a +1.2% swing from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.75%. Elsewhere, the Dow saw an upswing of 0.58%, while the tech-heavy Nasdaq appreciated by 1%.Heading into today, shares of the company had lost 9.78% over the past month, lagging the Business Services sector's gain of 5.97% and the S&P 500's gain of 4.03% in that time.The investment community will be paying close attention to t ...
Is It Worth Investing in MoneyLion (ML) Based on Wall Street's Bullish Views?
ZACKS· 2024-09-09 14:30
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about MoneyLion Inc. (ML) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.MoneyLion currently has an average brokerage recommendation ...
Bull of the Day: Money Lion (ML)
ZACKS· 2024-08-08 12:12
Make no mistake, it’s rough out there kids. The stock market is having itself a rough go of it lately. Ever since that carry trade started to unwind in the “Land of the Rising Sun” things just haven’t been the same. It can feel like the whole world is collapsing down on you. Some look at that with despair. In reality, you should be looking at it as the opportunity that it is. The opportunity to add some great stocks on the cheap.Great stocks like today’s Bull of the Day, Zacks Rank #1 (Strong Buy) Money Lio ...
MoneyLion (ML) - 2024 Q2 - Earnings Call Transcript
2024-08-06 19:53
MoneyLion Inc. (NYSE:ML) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Sean Horgan - Head, Investor Relations Dee Choubey - Chief Executive Officer Rick Correia - Chief Financial Officer Conference Call Participants George Sutton - Craig-Hallum Hal Goetsch - B. Riley Securities Kyle Peterson - Needham & Company Jacob Stephan - Lake Street Capital Markets Operator Greetings and welcome to the MoneyLion's Q2 2024 Earnings Call. At this time, all participants are in a listen-o ...
MoneyLion Inc. (ML) Surpasses Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-06 13:45
MoneyLion Inc. (ML) came out with quarterly earnings of $0.26 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to loss of $0.42 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2,700%. A quarter ago, it was expected that this company would post a loss of $0.29 per share when it actually produced earnings of $0.60, delivering a surprise of 306.90%.Over the last four quarters, the compan ...
MoneyLion (ML) - 2024 Q2 - Quarterly Report
2024-08-06 13:26
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 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: 001-39346 MoneyLion Inc. (Exact name of registrant as specified in its charter) | --- | --- | |------------------------------------- ...
MoneyLion (ML) - 2024 Q2 - Quarterly Results
2024-08-06 11:35
Exhibit 99.1 MoneyLion Announces Second Quarter 2024 Results Record Revenue of $131 Million, Up 23% Year-over-Year GAAP Net Income of $3.1 Million; Diluted EPS of $0.26 Adjusted EBITDA of $18.5 Million, Representing 14.2% Adjusted EBITDA Margin Management Provides Q3 & FY 2024 Guidance NEW YORK, NY, August 6, 2024 – MoneyLion Inc. ("MoneyLion") (NYSE: ML), a digital ecosystem for consumer finance that empowers everyone to make their best financial decisions, today announced financial results for the second ...
Is MoneyLion (ML) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2024-08-02 14:32
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about MoneyLion Inc. (ML) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.MoneyLion currently has an average bro ...
Is MoneyLion (ML) Stock Outpacing Its Business Services Peers This Year?
ZACKS· 2024-07-24 14:46
For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. MoneyLion Inc. (ML) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.MoneyLion Inc. is one of 315 individual stocks in the Business S ...
MoneyLion Inc. (ML) is Attracting Investor Attention: Here is What You Should Know
ZACKS· 2024-07-19 14:02
MoneyLion Inc. (ML) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned -15.7% over the past month versus the Zacks S&P 500 composite's +1.1% change. The Zacks Financial Transaction Services industry, to which MoneyLion belongs, has gained 2.2% over this period. Now the key question is: Where could the stock be headed in the near te ...