trending Market Intelligence /marketintelligence/en/news-insights/trending/KAWiZ8uHoEA4Bj-BOWSQIA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Green Dot provides guidance for Q3, updates outlook for FY'19

Paypal Well-Positioned To Gain Share In COVID-Related Digital Payments Shift

Digital Banking Battles Will Play Out In Southeast Asias Shopping Cart

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Fed Officials Signal Optimism In US Economy Reiterate Rates Likely On Hold


Green Dot provides guidance for Q3, updates outlook for FY'19

Green Dot Corp. expects non-GAAP total operating revenues for the third quarter to be in the range of $225 million to $230 million.

Adjusted EBITDA for the quarter is anticipated to be between $12 million and $14 million. The company noted in a news release that this guidance includes a majority of the $60 million incremental marketing and technology investments allocated during the second half of 2019.

Third-quarter non-GAAP EPS is expected to be approximately 2 cents.

For full year 2019, Green Dot now expects non-GAAP total operating revenues to be between $1.06 billion and $1.08 billion, compared with its previous guidance of $1.11 billion to $1.13 billion.

Adjusted EBITDA for 2019 is expected to range from $240 million to $244 million, compared with the company's previous guidance of $255 million to $261 million.

Non-GAAP EPS for the full year is anticipated to be between $2.71 and $2.77. Green Dot previously expected full-year non-GAAP EPS to range from $2.82 to $2.91.

The S&P Global Market Intelligence consensus normalized EPS estimate for the third quarter is 33 cents. For full year 2019, the consensus normalized EPS estimate is $2.87.

For the second quarter, Green Dot reported non-GAAP total operating revenues of $265.0 million, adjusted EBITDA of $74.6 million and non-GAAP EPS of 90 cents.