Mogo (MOGO) to Release Quarterly Earnings on Wednesday

Mogo (NASDAQ:MOGO) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, November 6th. Analysts expect the company to announce earnings of ($0.11) per share for the quarter.

Mogo (NASDAQ:MOGO) last announced its quarterly earnings data on Thursday, August 8th. The company reported ($0.12) EPS for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.07. The company had revenue of $12.83 million during the quarter, compared to the consensus estimate of $12.77 million. Mogo had a negative net margin of 24.68% and a negative return on equity of 17.25%. On average, analysts expect Mogo to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Mogo Stock Performance

Shares of NASDAQ:MOGO traded up $0.01 during midday trading on Tuesday, hitting $0.97. The stock had a trading volume of 20,540 shares, compared to its average volume of 55,237. Mogo has a 1 year low of $0.94 and a 1 year high of $2.25. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 0.45. The stock has a 50 day moving average price of $1.12 and a two-hundred day moving average price of $1.40.

Analyst Ratings Changes

Separately, HC Wainwright reiterated a “buy” rating and set a $6.00 target price on shares of Mogo in a research report on Tuesday, September 24th.

About Mogo

Mogo Inc operates as a digital finance company in Canada, Europe, and internationally. The company's digital solutions help build wealth and achieve financial freedom. It provides MogoTrade, a stock trading app; Moka; and MogoMoney that provides online personal loans. The company also offers digital loans and mortgages; and operates a digital payments platform that powers next-generation card programs for both global corporations and fintech companies in Europe and Canada.