Analysts expect GreenSky Inc (NASDAQ:GSKY) to report sales of $104.69 million for the current quarter, Zacks reports. Three analysts have made estimates for GreenSky’s earnings, with the highest sales estimate coming in at $119.90 million and the lowest estimate coming in at $96.91 million. The business is scheduled to issue its next quarterly earnings results on Tuesday, February 5th.

According to Zacks, analysts expect that GreenSky will report full-year sales of $418.15 million for the current fiscal year, with estimates ranging from $401.86 million to $437.56 million. For the next financial year, analysts anticipate that the business will post sales of $530.04 million, with estimates ranging from $442.92 million to $580.10 million. Zacks’ sales calculations are an average based on a survey of sell-side research firms that cover GreenSky.

GreenSky (NASDAQ:GSKY) last issued its earnings results on Tuesday, November 6th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.01. The business had revenue of $113.91 million for the quarter, compared to the consensus estimate of $121.28 million. GreenSky’s revenue was up 29.0% on a year-over-year basis.

Several analysts recently issued reports on the company. Credit Suisse Group decreased their target price on GreenSky from $29.00 to $28.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 8th. Sandler O’Neill reissued a “hold” rating and set a $20.00 target price on shares of GreenSky in a research note on Wednesday, August 8th. Compass Point reissued a “hold” rating and set a $22.00 target price on shares of GreenSky in a research note on Wednesday, August 8th. Citigroup decreased their target price on GreenSky from $28.00 to $26.00 and set a “buy” rating on the stock in a research note on Wednesday, August 8th. Finally, SunTrust Banks reissued a “buy” rating and set a $30.00 target price on shares of GreenSky in a research note on Wednesday, August 8th. Seven equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $20.62.

In other news, insider Dennis I. Kelly acquired 27,000 shares of GreenSky stock in a transaction on Thursday, November 8th. The shares were acquired at an average price of $9.06 per share, with a total value of $244,620.00. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

A number of large investors have recently added to or reduced their stakes in the business. Sei Investments Co. bought a new stake in GreenSky in the 2nd quarter worth approximately $118,000. California Public Employees Retirement System bought a new stake in GreenSky in the 2nd quarter worth approximately $212,000. EJF Capital LLC bought a new stake in GreenSky in the 2nd quarter worth approximately $212,000. Mycio Wealth Partners LLC bought a new stake in GreenSky in the 3rd quarter worth approximately $180,000. Finally, Gilder Gagnon Howe & Co. LLC bought a new stake in GreenSky in the 2nd quarter worth approximately $229,000. 31.30% of the stock is currently owned by institutional investors and hedge funds.

Shares of GSKY opened at $9.71 on Monday. GreenSky has a 12-month low of $8.55 and a 12-month high of $27.01.

About GreenSky

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.

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Earnings History and Estimates for GreenSky (NASDAQ:GSKY)

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