Mogo Inc reports results for the quarter ended December 31 - Earnings Summary

• 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)