Pagaya Technologies Ltd. (PGY) Lags Q2 Earnings Estimates

Pagaya Technologies Ltd. (PGY) came out with quarterly earnings of $0.64 per share, missing the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.1 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -7.25%. A quarter ago, it was expected that this company would post earnings of $0.4 per share when it actually produced earnings of $0.69, delivering a surprise of +72.5%.Over the last four quarters, the co ...