Pagaya Technologies Ltd. (PGY) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 76%. A quarter ago, it was expected that this company would post earnings of $0.20 per share when it actually produced earnings of $0.10, delivering a surprise of -50%.Over the last four quarters, the compa ...

PA G AYA T E C H N O L O G I E S LT D . 3Q24 Earnings Supplement November 12, 2024 Contents 01 Financial Metrics 02 Operating Metrics 03 Non-GAAP Reconciliations 01 Financial Metrics 3Q'24 financial highlights | --- | --- | --- | --- | |--------------------------------------------------------------|---------|---------|--------| | ($ millions) | Q3 2023 | Q3 2024 | %∆ | | Network Volume | $2,112 | $2,351 | 11% | | Total revenue & other income | $212 | $257 | 21% | | Revenue from fees | $201 | $249 | 24% | | ...

| --- | --- | --- | |---------------------------------------|---------|-------------------------------| | | | | | | | | | 》 PAGAYA | | | | | | | | PAGAYA TECHNOLOGIES LTD. Q3 Letter to | | | | Shareholders | Q3 2024 | Q4 2024 | | Q2 2024 Q1 2024 | | | | | | DATE ISSUED November 12, 2024 | | --- | --- | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------- ...

Pagaya Technologies Ltd. (PGY) shares rallied 12.4% in the last trading session to close at $14.62. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 31.6% gain over the past four weeks.Pagaya Technologies extended its rally for the second straight day, driven by optimism over the successful closing of two asset-backed securities (ABS) deals totaling $1 billion. The deals were oversubscribed, reflecting strong ...

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The most recent trading session ended with Pagaya Technologies Ltd. (PGY) standing at $11.68, reflecting a +1.39% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.41% gain on the day. Meanwhile, the Dow gained 0.69%, and the Nasdaq, a tech-heavy index, added 0.8%.Shares of the company witnessed a gain of 13.05% over the previous month, beating the performance of the Finance sector with its gain of 0.16% and the S&P 500's loss of 0.97%.The upcoming earnings release of Paga ...

This disruptive tech stock is making waves in the financial industry.Wall Street analysts' target prices are modeled based on many factors, and each one comes up with something different. Target prices can range from a large loss to a large gain, so it doesn't make sense to base your investment decisions based on one Wall Street analyst. No matter how much information they might have right now, no one can accurately predict what will happen in the markets.That said, there are several things to gain from pay ...

Pagaya Technologies Ltd. (PGY) closed the last trading session at $11.58, gaining 20% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $22.89 indicates a 97.7% upside potential. The average comprises nine short-term price targets ranging from a low of $12 to a high of $36, with a standard deviation of $8.72. While the lowest estimate indicates an increase of 3.6% from the current pr ...

Pagaya Technologies Ltd. (PGY) shares soared 6.1% in the last trading session to close at $10.57. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 33.9% loss over the past four weeks. The upside can be attributed to Pagaya Technologies' core strength in its proprietary AI-powered technology, enabling efficient credit evaluation and decision-making for partners in originating loans and financial products. The company has processed ...

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