Mogo Inc MOGO.TO reported a quarterly adjusted loss of 2 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -10 cents. The lone analyst forecast for the quarter was for a loss of 14 cents per share.
Revenue rose 2.7% to C$18.04 million from a year ago; analysts expected C$17.71 million.
Mogo Inc's reported EPS for the quarter was 43 cents.
The company reported quarterly net income of C$10.39 million.
Mogo Inc shares had fallen by 21.5% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 133.3% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The average consensus recommendation for the financial technology (fintech) peer group is also "buy"
Wall Street's median 12-month price target for Mogo Inc is $5.76
This summary was machine generated from LSEG data March 20 at 02:14 p.m. UTC. All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Dec. 31 2024 | -0.14 | -0.02 | Beat |
Sep. 30 2024 | -0.16 | -0.02 | Beat |
Jun. 30 2024 | -0.26 | -0.15 | Beat |
Mar. 31 2024 | -0.29 | -0.16 | Beat |
