Mogo Inc (MOGO) Reports Q3 Loss, Tops Revenue Estimates

Core Insights - Mogo Inc reported a quarterly loss of $0.11 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.05, marking a significant earnings surprise of -120.00% [1] - The company generated revenues of $12.32 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 5.37%, although this represents a decline from $12.96 million in the same quarter last year [2] - Mogo has surpassed consensus EPS estimates three times over the last four quarters and has topped consensus revenue estimates four times during the same period [2] Future Outlook - The immediate price movement of Mogo's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [3][4] - The current consensus EPS estimate for the upcoming quarter is -$0.05 on revenues of $11.85 million, while for the current fiscal year, the estimate is -$0.25 on revenues of $48.69 million [7] - The estimate revisions trend for Mogo is currently mixed, resulting in a Zacks Rank 3 (Hold), indicating that the shares are expected to perform in line with the market in the near future [6] Industry Context - The Technology Services industry, to which Mogo belongs, is currently ranked in the top 33% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]