Analysts Anticipate Mogo Finance Technology Inc (NASDAQ:MOGO) Will Announce Earnings of -$0.16 Per Share
Wall Street brokerages forecast that Mogo Finance Technology Inc (NASDAQ:MOGO) will post earnings of ($0.16) per share for the current fiscal quarter, Zacks reports. Three analysts have made estimates for Mogo Finance Technology’s earnings, with the lowest EPS estimate coming in at ($0.17) and the highest estimate coming in at ($0.15). Mogo Finance Technology reported earnings of ($0.18) per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 11.1%. The firm is expected to report its next earnings results on Wednesday, November 6th.
On average, analysts expect that Mogo Finance Technology will report full-year earnings of ($0.63) per share for the current year, with EPS estimates ranging from ($0.66) to ($0.60). For the next year, analysts anticipate that the company will post earnings of ($0.41) per share, with EPS estimates ranging from ($0.56) to ($0.33). Zacks’ earnings per share calculations are a mean average based on a survey of research firms that cover Mogo Finance Technology.
Several brokerages have recently issued reports on MOGO. Mackie set a $10.00 price objective on shares of Mogo Finance Technology and gave the company a “buy” rating in a research note on Wednesday, September 4th. BMO Capital Markets cut shares of Mogo Finance Technology from an “outperform” rating to a “market perform” rating in a research note on Friday, August 16th.
Mogo Finance Technology Company Profile
Mogo Finance Technology Inc operates as a financial technology company in Canada. The company offers solutions that help consumers to manage and control their finances. It offers free credit score monitoring; MogoProtect, an identity fraud protection solution; MogoCard, a Mogo Visa Platinum Prepaid Card; MogoMortgage, a digital mortgage solution; MogoCrypto account; and MogoMoney that enables the buying and selling of bitcoin, as well as access to consumer credit products.
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