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Examining the Future: MoneyLion's Earnings Outlook

Benzinga ·  03:03

MoneyLion (NYSE:ML) will release its quarterly earnings report on Thursday, 2024-11-07. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate MoneyLion to report an earnings per share (EPS) of $0.20.

The market awaits MoneyLion's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Earnings History Snapshot

During the last quarter, the company reported an EPS beat by $0.11, leading to a 9.8% drop in the share price on the subsequent day.

Here's a look at MoneyLion's past performance and the resulting price change:

QuarterQ2 2024Q1 2024Q4 2023Q3 2023
EPS Estimate0.15-0.24-0.43-1.16
EPS Actual0.260.60-0.33-0.40
Price Change %-10.0%9.0%11.0%16.0%
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MoneyLion Share Price Analysis

Shares of MoneyLion were trading at $46.79 as of November 05. Over the last 52-week period, shares are up 90.31%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all earnings releases for MoneyLion visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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