Preview Of GreenSky, Inc. ($GSKY) 2Q20 Earnings

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GreenSky, Inc. (NASDAQ:GSKY) is reporting second quarter earnings results on Monday 10th August 2020, after market close.

The consensus estimates from Thomson Reuters are loss of $ 0.02 per share.

For the full year, analysts predict revenues of $ 471.25 million, while looking forward to loss of $ 0.02 per share.

Previous Quarter Performance

GreenSky, Inc. reported loss for the first quarter of $ 0.05 per share, from the revenue of $ 121.17 million. The quarterly earnings while revenues compared with the same quarter last year.
According to street consensus, GSKY was expected to report 1Q20 income of $ 0.05 per share from revenue of $ 123.54 million. The bottom line results missed street analysts by $ 0.1 or 200 percent, at the same time, top line results fell short of analysts by $ 2.37 million or 1.92 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of GreenSky, Inc.

Stock Performance

According to the previous trading day, closing price of GSKY was $ 6.20, representing a 103.28 % increase from the 52 week low of $ 3.05 and a 36.99 % decrease over the 52 week high of $ 9.84.

The company has a market capital of $ 1.11 billion and is part of the Technology sector and Software – Infrastructure industry.

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GreenSky, Inc., a technology company, provides point-of-sale financing and payment solutions to merchants, consumers, and banks. It offers a proprietary technology infrastructure that support the full transaction lifecycle, including credit application, underwriting, real-time allocation to bank partners, document distribution, funding, settlement, and servicing functions. The company was incorporated in 2017 and is headquartered in Atlanta, Georgia.